Insurance Articles
Insurance in India has been a very old concept, traces of its existence can even be found in the Manusmriti, Dhramashasstra, Chanakya’sArthshastra and their likes. The government of India has…
At the stroke of midnight on July 1, 2017, the most anticipated and a highly debated Goods and Services Tax (GST) was launched in India. The central tax reform witnessed…
PREFACE The reforms in the insurance industry since 2001 have been significant. The reform agenda has been driven by several stakeholders and across several dimensions: The IRDAI has issued scores…
The concept of Ombudsman began in Sweden where an independent executive was appointed by the government to look into the disputed matters of the citizens. Generally ombudsman is a person…
Life and non-life insurers are now marketing some categories of their retail products through common service centres network of CSC e-Governance Services India Ltd. The Insurance Regulatory and Development Authority…
Introduction Life Insurance provides financial security to the insured’s dependents or loved ones, if something were to happen to insured unexpectedly. There are lots of plans available in life insurance,…
Spurious calls in the name of regulatory organizations and government or quasi government authorities has been a problem which has been in prevalence for quite some time now. Recently some…
“Risk- Based Capital is recommended by the Committee to IRDA to be used for the purpose of Solvency assessment. What could be the possible impact of RBC regime on the…
The non-life insurance industry evolved into tariff free regime since 2007 exposing its players to intense market competition. According to Insurance Regulatory and Development Authority (IRDA), detariffing would compel the…
Surveyors Profession has greatly transformed over the years. Off late a sense of rear has grappled surveyors as they are not able to perceive the fate of profession in the…