Editorial

The Union Budget for 20-21 has proposed a new tax slab where no concessions for deductions will be available to taxpayers. In Fact the Insurance Industry was seeking an increase…

The finance ministry is contemplating changes in insurance Law including reduction in minimum capital requirement with a view to increasing the insurance penetration in the country. Insurance penetration increased from…

IRDAI has proposed revising norms for Corporate Insurance Agents by allowing them to sell products for 9 Insurers in Life, General and health Insurance. This move will help to expand…

IRDAI has been buzzing with activities off late. The new chairman has been quite proactive in presenting a roadmap for the industry to increase the penetration and reach out to…

“The rejunivated IRDAI under the chairmanship of Mr. Debasish Panda has committed to enable ‘Insurance for All’ by 2047, where every citizen has an appropriate life, health and property insurance…

While the industry is preparing for next phase of reforms in insurance industry we need to ponder if we are ready with the infrastructure to support version 2 of reforms…

IRDAI under new Chairman Mr.Debashish Panda has been very proactive since his taking over as IRDA Chairman. He has taken a number of quick decisions which will help in the…

IRDAI has approved 33 proposals for innovative insurance products under regulatory sandbox and has asked insurers to launch their products on a pilot basis with the cap of 50,000 policies…

India being one of the world's fastest-growing economies, has emerged as one of the fastest-growing FinTech hotspots in recent years. Pandemic has given a huge boost to adoption of technology…

IRDAI recently has directed insurance companies to provide cover for mental illness under health insurance policies before 31st October, 2022. This direction is based on mental health Act, 2017 wherein…