2023 – Insurance Times

In an interesting case, the National Consumer Disputes Redressal Commission (NCDRC) recently reversed a decision that denied accidental insurance cover to a complainant after the death of his son due…

ICICI Prudential Life Insurance launched a debt fund on Monday which will enable customers to lock-in their investments at current high interest rates, build long-term wealth and achieve financial goals.…

SBI General Insurance, has announced the launch of the General Surety Bond BIMA (Conditional & Unconditional) insurance product on Tuesday. The company said in its release that the Surety Bond…

LIC has announced a new plan for employers who have 50 or more employees. As a part of this scheme titled 'Group Post Retirement Medical Benefit Scheme', employers can help…

Bajaj Allianz Life, has launched an exclusive term plan Bajaj Allianz Life Diabetic Term Plan Sub 8 HbA1c. This is the first of its kind protection plan in the Indian…

Frauds in Insurance Industry in India is not new. It has been a part and parcel of the Industry. According to a research, the Insurance Sector in India loses 30401…

Aegon Life, launched life insurance cover tailored for surrogate mothers and egg-donors, effectively backing their financial well-being. This initiative supports the implementation of provisions in the Surrogacy (Regulation) Act, 2021,…

26th March, 2023 In exercise of the powers conferred by clause (ic) and (jd) of sub section 2 of section 114A, section 40 and section 31B of the Insurance Act,…

24th Apr, 2023 IRDAI vide Circular ref: IRDAI/IT/GDL/MISC/082/04/2017 dated 07th Apr, 2017 has issued guidelines on Information and Cyber Security for Insurers, which were later extended to all Insurance Intermediaries…

Judgment passed by the Supreme Court in the case titled as Ramla vs. National Insurance Company Limited Civil Appeal No. 11495 of 2018, Special Leave to Appeal (C) No.22334 of…