The SC reaffirmed its 1995 ruling that medical practitioners can be held accountable for service deficiencies under the Consumer Protection Act. Supreme Court Rejects Review Plea on Doctors’ Liability The…
Major amendments to the Public Liability Insurance Act (PLIA) increase insurance limits, introduce stricter compliance measures, and enhance compensation payouts. Sweeping Changes in Public Liability Insurance The Indian government has…
The MarTech platform marks LIC’s first milestone under Project DIVE, positioning it as a global digital leader in insurance innovation. LIC Takes a Bold Step Toward Digital Transformation Life Insurance…
The collaboration aims to enhance financial awareness, risk management, and strategic financial planning for India's MSME sector. A Strategic Partnership for MSME Growth Ageas Federal Life Insurance (AFLIC) has entered…
The insurance regulator steps in to protect senior citizens from excessive premium increases, ensuring affordability and accessibility of health coverage. IRDAI Introduces Pricing Cap on Senior Citizen Health Insurance The…
IRDAI’s Bima Trinity—Bima Vistaar, Bima Vahak, and Bima Sugam—set to transform India’s insurance landscape with a comprehensive and customer-friendly approach. Bima Vistaar Gains Momentum with Industry Consensus India’s insurance sector…
Punjab, Haryana, and Himachal Pradesh account for over Rs 74 crore in fraudulent claims, prompting stricter enforcement measures. Massive Insurance Fraud Detected in Ayushman Bharat Scheme The Ayushman Bharat Pradhan…
The new insurance solution aims to mitigate risks in supply chain financing, enhancing trust and transparency for investors. A New Approach to Risk Management in Supply Chain Financing Universal Sompo…
Authorities uncover tax evasion scheme involving fraudulent invoices and illegal commission payments. Aviva India plans to appeal the decision. Aviva India Ordered to Pay Back Taxes and Penalties British insurer…
Despite rapid growth, the insurance sector faces increasing compliance challenges, highlighting the need for regulatory reforms and technology-driven solutions. India’s Insurance Industry on a Strong Growth Path India’s insurance sector…