September 2020 - Insurance Times

Viral Pandemic Storm Events Of COVID-19 INTRODUCTION The COVID-19 PANDEMIC is Man Made Viral Catastrophe Globally impacting around 200 countries and paralyzing social as well as Economic lives of people…

As businesses in all 50 states reopen or consider reopening, they are facing another challenge: how to reopen safely. What safely reopening entails will vary from business to business. As…

Abstract: Insurance, particularly non-life insurance, is an economic activity, which because of its complexity, is difficult to properly comprehend. Rather, is easily susceptible to misunderstanding. It has endowed itself with…

IRDAI has developed a methodology for identification and supervision of Domestic Systemically Important insurers(D-Slls) D-Slls refer to insurers of such size, market importance and domestic and global interconnectedness whose distress…

EXECUTIVE SUMMARY Background The world has witnessed several disease outbreaks and epidemics in the past years such as Spanish Flu, H1N1, SARS, Ebola etc., among which some have taken the…

Dujodwala Products, a company engaged in manufacturing chemicals for local as well as export markets, received an order for products from Saudi Rockwool Factory at Riyadh. As the product was…

Generally, bariatric surgery is performed for cosmetic purposes, or to lose weight to prevent an illness that may occur in the future. In such cases, the insurer is not liable…

1. This circular is issued in accordance with the power vested under section 14(2)(e) of the IRDA Act, 1999 read with section 34(1) of the Insurance Act, 1938. 2. Reference…

1. Reference is invited to Chapter VII of the Consolidated Guidelines on Product Filing in Health Insurance Business issued vide Circular Ref: IRDAI/HLT/REG/CIR/194/07/2020 dated 22nd July, 2020 specifying norms on…

1. With a view to enhance and coalesce the fragmented liquidity in Corporate Bonds, SEBI has implemented the Request for Quote (RFQ) Platform through Bombay Stock Exchange (BSE) and National…