2019-Insurance Times

"There is no force more powerful than a woman determined to rise" In honour of Women Power in Public Sector General Insurance Companies in India, CIDizen Trust has released a…

The Election fever has already set in India and the results will be declared on 23rd May, 2019. Due to the election , the merger of 3 PSU companies has…

The eleventh edition of the annual FICCI Health Insurance Conference recently concluded on 11th March 2019 at New Delhi. The central theme for this year's Conference was Health Insurance 2.0:…

Scope Of Cover Third party liability:The policy protects you and your vehicle against any legal liability arising out of the use of the vehicle towards third parties leading to bodily…

Overview Aviva Dhan Samruddhi is a traditional life insurance plan that gives guaranteed cash back every 5 years in addition to guaranteed maturity benefit, to meet your short and long…

The Authority, vide order No. IRDA/F&A/ORD/MISC/151/09/2018 dated 18th September, 2018, had constituted a committee on Regulatory Sandbox in insurance space in India under the Chairmanship of Mr. Randip Singh Jagpal,…

The climate change will be the next biggest issue to ponder for the insurers worldwide.  The main issue with climate change is predictability. The way the climate change is occurring…

1. It is observed that some Insurers are offering ‘Automatic Extension of Period Clause’ as an add-on to annual policies such as Standard Fire Special Perils, Industrial All Risks, Office…

The Authority, in order to address conflicts of interest arising out of the appointment of common directors between insurance companies, insurance company and insurance intermediaries and common promoters of Health…

Attention is drawn to Authority’s Circular No. IRDAI/CAD/CIR/MISC/063/03/2016 dated 01-04-2016 vide which all Insurers were directed to submit data pertaining to compliance of awards passed against them by Insurance Ombudsman.…