From Editor in Chief Desk

IRDAI under new Chairman Mr.Debashish Panda has been very proactive since his taking over as IRDA Chairman. He has taken a number of quick decisions which will help in the…

IRDAI has approved 33 proposals for innovative insurance products under regulatory sandbox and has asked insurers to launch their products on a pilot basis with the cap of 50,000 policies…

IRDAI recently has directed insurance companies to provide cover for mental illness under health insurance policies before 31st October, 2022. This direction is based on mental health Act, 2017 wherein…

The Editorial Team of The Insurance Times wishes a very veryHappy New Year, 2020 to all its Subscribers, Advertisers, Authors, and readers. May this newyear bring new opportunities and help…

Third party liability insurance of vehicles is a social security mechanism designed by the modern societies to protect the victims of road accidents. It also provides security to the owners…

Mr. Debasish Panda has been quite proactive since joining as Chairman IRDAI. He has outlined sleuths of measures for second phase of reforms in the Insurance Industry in India. Some…

In the intricate realm of insurance, each policy is a promise – a promise to shield against uncertainties, to provide a safety net in times of need. Although this message…

After a long wait IRDAI has got its new chairman. Mr Debasish Panda has been appointed as the new chairman of IRDAI. Mr. Panda is an officer of Indian Administrative…

Clause (d) of sub section (9) of Section 2 of Insurance Act, 1938 provides that a “foreign company” engaged in reinsurance business can transact the business of reinsurance through a…

The third wave of omicron peaked in India in 2022 but the impact was less this time as the symptoms were mild and did not require hospitalization. But overall, the…