January 2017- Insurance Times

We wish a very happy and prosperous New Year 2017 to all our subscribers, authors, advertisers, and everyone connected with the publication. With the blessings of our readers we have…

Introduction A business faces numerous risks in its day-to-day operations, and managing this risk is paramount to a thriving and successful company. Rising insurance costs coupled with increasing self-insured risk…

I. Introduction In the last two years, Government has taken a number of new initiatives, like increase in FDI limit, accidental insurance benefits to Jan Dhan Accounts, insurance at a…

Reference is invited to the provisions of IRDAI (Third Party Administrators - Health Services) Regulations, 2016. Under the powers vested with Regulation (27) of these Regulations, the following clarifications are…

IRDAI is looking for a suitable person to work on contract basis to oversee its call centre operations in addition to assisting the Authority with the periodical audit of the…

Reference is drawn to the Circular Ref: IRDA/ACTL/CIR/ULIP/236/11/2016 dated 25th November, 2016 on "Extension of grace period for payment of renewal premium of life insurance policies in light of recent…

It has been brought to the notice of the Authority that Reinsurance/ Composite brokers undertake reinsurance transactions between entities that are domiciled in foreign jurisdictions. The Authority is of the…

Financial planners often advise that mixing insurance with investment is a strict no. But in some cases, it may work as well.  We are talking about the life insurance being…

Are you one of those who tend to forget to renew your vehicle's insurance policy? You are not alone, as far as not having mandatory insurance is concerned. "Almost 75%…

Introduction The Master Circular on Operations and Allied Matters of Insurers, issued by the Insurance Regulatory and Development Authority of India (IRDAI) on June 19, 2024, aims to consolidate various…