Editorial May 2023
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…
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…
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…
The insurance industry in India has witnessed significant growth in recent years, driven by increasing awareness and the growing need for financial protection. Further IRDAI has taken a new drive…
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…
Finance Minister NirmalaSitharaman presented the budget on 1st February 2023. It was widely anticipated that it being the pre election year, Finance Minister will dole out some goodies for the…
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…
Global economy is beset with rising uncertainty, volatile geopolitical environment, supply constraints, looming recession, sanctions, slow economic growth and multiple other issues. The changes in risk landscape has been fast…
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…