Electric Vehicles Need Helmets, Insurance & Registration: Delhi High Court
Rajat Kapoor v. Union of India & Anr. Summary The Delhi High Court has ruled that rules under the Central Motor Cars Rules, 1989 and the Motor Vehicles Act, 1988…
One-Stop Reference for Submission of All Regulatory Returns
The Insurance Regulatory and Development Authority of India (IRDAI) has taken up a comprehensive review of the regulatory framework for the insurance sector, to facilitate a favourable environment for ease…
Master Circular on Submission of Returns
A. This Master Circular is issued under Section 34 of the Insurance Act, 1938, Section 14 (2) (i) of the IRDA Act 1999 and i. Insurance Regulatory and Development Authority…
AI-assisted safety on the speedways
As the government explores ways to achieve its goal of halving road accident fatalities by 2030, an emerging solution is the use of artificial intelligence (AI) technology for effective monitoring…
Interview with Susil Dev Subedi, Director at Nepal Insurance Authority & CEO, Insurance Institute of Nepal
1. How has the insurance sector in Nepal evolved over the past decade? What are the most significant changes you have observed? The insurance sector in Nepal has really come…
Insurance Times Editorial August 2024
The IRDAI has recently revised its guidelines regarding commissions on long-term motor insurance. This move aims to streamline the commission structures, ensuring greater transparency and fairness in the distribution of…
Third Party Administrator (TPA)- Need to Strengthen the Pillars of Health Insurance Claims Management
Introduction The liberalization of the Insurance sector and formation of Insurance and Development authority of India in 2000 has completely transformed the Indian Insurance Industry in the last two decades.…
Extreme heat is causing billions in damages that insurers won’t cover
The heat waves broiling tens of millions of Americans can warp roofs, shrivel crops, buckle roads and disrupt power supplies. Much of that damage is hard to quantify-and isn't covered…
Why AI’s present and future bring some serious environmental concerns
In its annual environment report released earlier this month, Google reported a 13% increase in its emissions footprint in 2023 compared with the previous year. The rise was attributed mainly…
Engine protection: Must-have in areas prone to heavy rains
The monsoon poses significant risks to vehicles, especially in areas prone to heavy rainfall and waterlogging. The risks increase for vehicles with low ground clearance. It is essential to have…