November 2022 - Insurance Times

Introduction This article critically analyses the development of health insurance in India where on the one hand, 61% of India's population is covered by government health insurance schemes; however, in…

Insurance Regulatory and Development Authority of India- IRDAI- Chairman Mr Debasish Panda has given a call for Insurance for all in India by 2047. It is a desirable and necessary…

The Reserve Bank of India recently concluded a consultation on Climate Change. It invited inputs from all stakeholders. The consultation rather than extend to all financial services, was restricted to…

Aditya Birla Health Insurance Co. Limited (ABHICL), the health insurance subsidiary of Aditya Birla Capital Limited (ABCL), announced the launch of Activ Fit, a comprehensive health insurance plan for young…

Future Generali India Insurance Company has launched a new health policy, which extends the definition of family to cover the LGBTQIA+ community and live-in partners. The company said its new…

Tata AIA Life Insurance, has partnered with Medix, a global company specialising in medical management solutions, to provide TATA AIA customers with access to a local and global network of…

IRDAI recently has directed insurance companies to provide cover for mental illness under health insurance policies before 31st October, 2022. This direction is based on mental health Act, 2017 wherein…

India being one of the world's fastest-growing economies, has emerged as one of the fastest-growing FinTech hotspots in recent years. Pandemic has given a huge boost to adoption of technology…

An Inter-Regulatory Technical Group on FinTech (IRTG on FinTech) had been constituted under the aegis of the Financial Stability and Development Council- Sub Committee (FSDC-SC). The terms of reference (ToR)…

This is further to the Circulars Ref: IRDAI/NL/CIR/MISC/107/06/2022 dated 01.06.2022 and Ref: IRDAI/NL/CIR/PRO/146/07/2022 dated 14.07.2022 issued by the Insurance Regulatory and Development Authority of India (the Authority) regarding Product Filing…