From Editor in Chief Desk

The much-awaited major reforms in the insurance sector might face further delays, as sources suggest that the pathbreaking Insurance Bill 2023 is unlikely to be passed in the ongoing monsoon…

IRDAI has taken a forward-looking step by extending the scope of the "file and use" procedure. This move is aimed at streamlining the regulatory process and facilitating quicker product approvals.…

Aegon Life, launched life insurance cover tailored for surrogate mothers and egg-donors, effectively backing their financial well-being. This initiative supports the implementation of provisions in the Surrogacy (Regulation) Act, 2021,…

IRDAI has issued license to new companies Acko Life Insurance Ltd. and  Credit Access Life Insurance Ltd. With these two additions, the total number of  life insurers operating in India…

In a significant move, IRDAI has given insurers more freedom to offer commission to intermediaries. Insurers can now have a board-approved policy to determine the commission they pay to intermediaries…

IRDAI has directed general and standalone health insurers to offer specific health cover for persons with disabilities (PWD) as well as those with HIV/AIDS and mental illness. IRDAI has advised…

The Insurance Times journal has entered into 43rd year of publication and in the year 2023 we have too embarked upon a journey to reach out to the Industry people…

We wish all our readers a very Happy New Year 2023! We hope the New Year will lot of opportunities for the Insurance Industry in India. Already since the third…

IRDAI has finally launched ‘BimaSugam’, the online marketplace for insurance called. It is a part of IRDAI’s Bima Trinity - BimaVistaar, BimaVahak, and BimaSugam. BimaSugam the most coveted project of…

As we enter into the year 2024, optimism mingles with the need for prudent action in the Indian Insurance Industry. There has been lot of initiatives for the new wave…