July 2022 - Insurance Times

Introduction: Reinsurance Reinsurance is a valuable and diverse product that assists an insurance company in properly hedging its business risks while also protecting its capital position. It has a critical…

Introduction From melting glaciers in the polar regions to increased bushfires in Australia, we are witnessing more and more severe climate phenomena which are wreaking havoc everywhere. Climate change is…

The Supreme Court has stayed a Bombay High Court order which had asked Bajaj Allianz General Insurance Company Ltd. to compensate over 3.5 lakh farmers under the Pradhan MantriFasalBimaYojana (PMFBY)…

The National Human Rights Commission (NHRC) has issued anadvisory to central government, the states, and the union territories to defend the interests of truck drivers after seeing that their legal…

Currently, the filings of General Insurance Products are governed by the Guidelines on ‘Product Filing Procedures for General Insurance products issued vide ref: no. IRDAI/NL/GDL/F&U/030/02/2016 dated 18th February, 2016.’. The…

Reference is invited to Consolidated Guidelines on Product Filing in Health Insurance Business ref no: IRDAI/HLT/REG/CIR/194/07/2020 dated 22 July 2020. In partial modification of these guidelines dated 22 July, 2020…

IRDAI under new Chairman Mr.Debashish Panda has been very proactive since his taking over as IRDA Chairman. He has taken a number of quick decisions which will help in the…

The General Insurance Business (Nationalisation) Amendment Bill, 2021 was passed by the Rajya Sabha on August 11. According to the government, the need arose to address such matters as (a)…