2021 – Insurance Times

Appointed Actuaries play a pivotal role in functioning of an insurance company. Procedure for appointment of an Appointed Actuary in an insurance company, his/her duties, obligations, powers etc. are prescribed…

1. The Authority (IRDAI) had issued circulars ref: IRDA/F&I/CIR/F&A/012/01/2010 dt. 28.01.2010 and IRDA/F&I/CIR/PBDIS/105/05/2011 dt. 27.5.2011 on “Public Disclosures by Insurers”. Guidelines on Periodic Disclosures were also issued by the Authority…

The Motor Accident Claims Tribunal has directed the owner of a car and an insurance firm to pay Rs.1.03 crore to family members of a Havildar of the Indian Army,…

The Supreme Court has asked the Union government to consider withdrawing the exemption from insurance to 1.5 lakh buses owned by state road transport corporations (SRTCs), steeped in heavy losses,…

A consumer court here has ordered an insurance company to reimburse the expenditure on medical treatment for lung cancer after the company refused mediclaim on the grounds that the patient…

The Delhi high court has set aside appointments made by the Bank Board Bureau (BBB) in public sector general insurance companies stating that the same is ultra vires of the…

A Supreme Court bench of Justices R Subhash Reddy and Hrishikesh Roy has dismissed an appeal filed by the National Insurance Company Limited against an order of the Madras HC…

The pandemic has made it evident that uncertainties will always find their way into our lives no matter how well-prepared we are. It is enough to make people realize that…

It is easy to feel a little past your prime by the age of 50, especially in today’s youth-centric world. However, turning 50 is a watershed moment in one’s life.…

Even before the pandemic hit, the global economy was rapidly evolving, with technological innovation and changing geopolitical realities driving the transformation. Covid-19 has accelerated the need for Indian businesses to…