From Editor in Chief Desk

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…

The beginning of the year 2022 marked with rise in Omicron variant which again effected the country badly. Luckily this variant was not deadly enough, though its infection rate was…

The Editorial team of The Insurance Times wishes a very very happy and hopeful new year 2022 to all the Readers, Subscribers, Advertisers, Authors, and all the vendors directly or…

In the ever-evolving landscape of insurance, India stands at the cusp of transformation across multiple fronts. This month, we explore critical areas that are shaping the industry's present and future.…

The world of insurance is a dynamic landscape, constantly evolving to meet new challenges and adapt to changing circumstances. Maritime fraud poses a significant challenge to the insurance industry. It's…

In this edition we are happy to cover Interview of Mr Mohammad Jainul Bari, Chairman, IDRA, Bangladesh and Mr HareezSulaiman, CEO & MD, Amana Takaful, Maldives. We have started a…

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.…