IT Editorial January 2025
As we welcome 2025, it’s essential to reflect on the remarkable transformations that defined the insurance industry in 2024. From regulatory advancements to technological integration, the year was pivotal in…
As we welcome 2025, it’s essential to reflect on the remarkable transformations that defined the insurance industry in 2024. From regulatory advancements to technological integration, the year was pivotal in…
Parametric Insurance – Revolutionizing Risk Coverage in India India’s insurance industry is undergoing a transformation with the rise of parametric insurance, a solution that simplifies risk coverage and offers quick…
As The Insurance Times proudly enters its 45th year, we reflect on the journey that has made this publication an enduring voice of the Indian insurance industry. Over the decades,…
As the global insurance landscape continues to evolve, 2024 has been a defining year, bringing innovative solutions to address risks, expand financial inclusion, and respond to climate change. The insurance…
GIC Re successfully completed its maiden IPO which was subscribed to the extent of 1.90 times. This will increase the visibility of the company among the masses. Newindia Assurance has…
IRDAI is examining the possibility of allowing private equity (PE) firms to buy stakes in Insurance Companies. A decision on this is likely to be taken in a month's time.…
The insurance industry is at a critical juncture as the impacts of climate change intensify. The increasing frequency and severity of extreme weather events pose significant challenges for insurers, not…
The IRDAI has recently revised its guidelines regarding commissions on long-term motor insurance. This move aims to streamline the commission structures, ensuring greater transparency and fairness in the distribution of…
GIC Re, an Indian Reinsurer has been ranked 10th position among the Global Reinsurers. GIC Re has a potential of becoming a global player and it is already expanding its…
Merging of the three PSU Insurers National, United and Oriental as decided by the Central Govt. is still under preparatory stage . However, the merger process is not clear as…