In an ever-evolving global landscape, the role of insurance has become indispensable for individuals and businesses alike. As the backbone of financial security, the insurance industry plays a pivotal role…
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…
In an ever-changing and unpredictable world, the insurance industry plays a pivotal role in mitigating risks and providing protection against unforeseen events. As insurers navigate a dynamic marketplace, it has…
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.…
Frauds in Insurance Industry in India is not new. It has been a part and parcel of the Industry. According to a research, the Insurance Sector in India loses 30401…
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,…
SBI General Insurance, launched a fully customizable digital-only health product 'Health Edge Insurance'. The policy offers a single comprehensive plan with 9 basic indemnity covers and 18 optional covers, allowing…
The ultimate objective of the Insurance practice is to indemnify the insured/business at the time of happening of any uncertain event. The experience of consumers in claim settlement should be…
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…
Climate change is going to have a significant impact on the world, affecting many aspects of human society, the natural environment, and the economy. It is high time we wake…