July 2024

The Insurance Times - July 2024 issue - Ebook Version Please click on the image or link below to view the Ebook version of the Journal -  https://online.flipbuilder.com/yojw/qzsy/

IRDAI has issued a Master Circular on General Insurance on 11th June 2024. This Master Circular provides guidance on the operational aspects relating to general insurance products and many other…

IRDAI has recently issued several critical circulars aimed at streamlining operations, enhancing transparency, and ensuring better compliance within the insurance sector. Master Circular on Operations and Allied Matters of Insurers:…

In continuation of endeavors towards policyholder centric reforms in the insurance sector the Insurance Regulatory and Development Authority of India has strengthened the governance measures on the operations and allied…

A. This Master Circular is issued under the section 14(2)(e) of the IRDAI Act 1999 and section 34 of the Insurance Act, 1938 read with Regulation 7 of schedule-III of…

In continuation of endeavours towards policyholder centric reforms in the insurance sector the Insurance Regulatory and Development Authority of India has strengthened the governance measures on the operations and allied…

The Authority has notified Insurance Regulatory and Development Authority of India (Registration and Operations of Foreign Reinsurers Branches and Lloyd’s India) Regulations, 2024 and IRDAI (Reinsurance) Regulations, 2018, with the…

A. This Master Circular is issued under Section 14 (2) (i) of the IRDA Act 1999 and Section 34 of the Insurance Act, 1938 and Regulation 7 of IRDAI (Insurance…

The Cyclone Remal in various states have caused widespread loss of lives, property (homes and businesses) and infrastructure. The Sector Regulator IRDAI issued instructions to all Insurers including Life and…

Case Title: Bajaj Allianz General Insurance Co.Ltd. V. Mukul Aggarwal, CIVIL APPEAL NO.1544 OF 2023 Summary The Supreme Court reaffirmed that an insured person is limited to making claims covered…