November 2019 - Insurance Times

Introduction: Global Direct Insurance Premium for 2018 is estimated as under- Life: USD 2820 Billion                   USD 5193 Non-Life: USD 2373 Billion            Billion Reinsurance Premiums according to Reinsurance Treaty Programs of…

International Maritime Organisation (IMO) adopted two resolutions in November, 2003 on the issue of   “ Places  of Refuge “ for  ships in distress.  When  any ship is in distress condition…

Principles of Insurance Insurance:It may be described as a social device to reduce or eliminate risk of life and property. Under the plan of insurance, a large number of people…

Prologue: The Indian financial market witnessed exciting twists and turns throughout 2019 due to events from all fronts, political, economical, social and corporate, both global and domestic. Indian market started…

Govt. has taken steps to bring health scheme on common platform wherein The National Health Authority (NHA) has tied up with Employees State Insurance Corporation (ESIC) for interoperability with PMJAY…

There is a general economic slowdown in the Indian Economy with falling GDP numbers. What impact do you visualize in the Insurance industry? There has been a visible impact, especially…

In March 2017, the Association of Mutual Funds of India (Amfi) launched a campaign with the tagline Mutual Funds Sahi Hai, which is seen as hugely successful, with more and…

This has reference to the e-Tender published on www.eprocure.gov.in for Information and Cyber Security related Audits and Services for IRDAI (RFP No. IRDAI/IT/18-19/12) dated 9th Nov, 2018 and subsequent technical…

All Insurance Policies issued towards domestic and overseas travel coverage shall comply with the following norms: 1. Premium shall not be received more than 90 days in advance to the…

In order to bring further uniformity, comparability and fair presentation of financial position in the Financial Statements filed by the insurers, the Authority, in exercise of the powers under Section…