March 2021

1. Currently, only a few general insurers in the Indian Market are offering insurance cover for RPAS/Drones through existing products under Aviation Insurance. Considering the unique characteristics of Drones that…

In exercise of the powers conferred under Sec. 34 (1) of the Insurance Act, 1938 read with Reg. 4 (3) of the IRDAI (Re-insurance) Regulations, 2018, the Authority hereby makes…

1.Digilocker is an initiative under the Digital India program by the Government of India where citizens can get authentic documents/ certificate in digital format from original issuers of these certificates.…

Every year road crashes result in loss of lakhs of lives and serious injuries to crores of people. In most of the cases crashes occur either due to carelessness or…

Reference is invited to the provisions of Chapter III of Consolidated Guidelines on Product filing in Health Insurance Business (Ref No: IRDAI/HLT/REG/CIR/194/07/2020 dated 22nd July, 2020 (the guidelines) specifying the…

Mega claims following movie production cancellations and delay in releases last year have burnt insurance companies. But a renewed demand for film insurance could see the industry's annual premiums grow…

Justice for insurance claimants takes a long time coming ever after winning an award from the ombudsman. A response to an activist's query under the Right to Information (RTI) Act…

A. Role and responsibilities of General Insurance Surveyor 1. Assessing the loss after proper investigation 2. Redressal of conflict of interest 3. Maintaining confidentiality and neutrality 4. Thoroughness in data…

The FDI hike in the budget announcement is expected to bring good inflow of FDI in the insurance market in India. The overseas partners would like to increase their stake…

Technology has led to many positive changes around us and insurance industry is not staying behind in making the most of the technology to improve their functioning and services to…