June 2020 - Insurance Times

A. Legal Entity Identifier (LEI) code has been conceived of as a key measure to improve the quality and accuracy of financial data systems for better risk management post the…

1. Pursuant to the decision of the Supreme Court in the matter of WP No.295/2012 of Shri.S. Rajaseekaran vs Union of India and Ors, the Authority issued Circular Ref: IRDAUNL/CIR/MOT/137/08/2018…

1.All general and health insurers registered with IRDAI rendering health services both through TPA and/or in-house shall make the captioned TPA wise public disclosures in the format specified at Annexure…

1. Reference is drawn to the provisions of IRDAI (Health Insurance) Regulations, 2016 in accordance to which every insurer shall evolve a health insurance underwriting policy covering approach and aspects…

1. Objective: The Objective of these guidelines is to standardize the general terms and clauses incorporated in indemnity based Health Insurance [excluding Personal Accident (hereinafter called as PA) and Domestic…

Malay Kumar Poddar joined as Chairman-cum-Managing Director of Agriculture Insurance Company of India Limited in 2019. He started with General Insurance Corporation of India (GIC), Mumbai, as a generalist officer…

The Authority has issued directions vide circular ref. IRDA/F&I/CIR/F&A/012/01/2010 dt. 28th January 2010 for hosting the financial and other information in specified formats on the respective websites by insurers. Similarly,…

Pierre-Eric Lys is both a space and telecom scientist who successfully dabbled in space insurance for many years. He started as the Director of Space Risks at Allianz. Subsequently founded…

The COVID times have changed many things. It has changed the way we work, the way we spend leisure hours, our daily routine; it has given us the opportunity to…

1. Medical Council of India has issued ‘TeleMedicine practice guidelines’ on 25th of March 2020, enabling registered Medical Practitioners to provide Healthcare using TeleMedicine. 2. In the above background, insurers…