Nepalese authorities have arrested six individuals in connection with a large-scale insurance fraud linked to fraudulent mountain rescue operations in the Himalayas. The alleged scam, estimated to involve nearly $20…
Data is rapidly becoming the central pillar of artificial intelligence-driven decision-making across the insurance industry, with insurers increasingly recognising that AI performance is only as strong as the data that…
The Insurance Regulatory and Development Authority of India (IRDAI) has flagged a rise in insurance mis-selling complaints, even as the overall volume of policyholder grievances has remained largely stable. The…
The Department of Financial Services (DFS) is examining possible changes to the insurance commission structure, signalling a potential shift in how agents and intermediaries are compensated across the sector. The…
Several insurance companies have approached the Insurance Regulatory and Development Authority of India (IRDAI) seeking clarity and possible reconsideration of provisions related to common directorships under the proposed Insurance Laws…
The Karnataka government has assured farmers that longstanding issues related to delayed crop insurance payments will be resolved, following growing concerns from agricultural communities in the coastal region, particularly Mangaluru.…
Bahrain is gearing up to take a leading role in the global fintech movement as TraiCon Events officially announces the Fintech Revolution Summit – Bahrain 2026, set to take place…
The General Insurance Council has appointed Dr. S. Prakash as Chief Executive Officer – Health Insurance Ecosystem and Strategic Partnerships, strengthening its focus on collaboration and efficiency in the health…
A committee constituted under the Life Insurance Council is set to recommend a staggered commission framework for life insurance distributors, as insurers look to balance distribution costs with long-term policy…
PNB MetLife India Insurance has entered into a strategic bancassurance partnership with Shivalik Small Finance Bank to expand the reach of life insurance solutions across rural and semi-urban regions of…