Editorial IT February 2022
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 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.…
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…