2021 – Insurance Times

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…

1. Attention is drawn to the provisions of Regulation 12 of IRDAI (Protection of Policyholders’ interests) Regulations, 2017 specifying therein minimum information to be provided as part of health insurance…

The Insurance Amendment Bill has been passed in parliament and has paved the way for increase in FDI limit. This will be a major boost in further expansion of the…

LIC's Bima Jyoti is a Non-Linked, Non-Participating, Individual, Savings Plan which offers an attractive combination of protection and savings. This plan provides financial support for the family in case of…