IRDAI has issued draft guidelines on standard personal accident insurance policies and advised all general and standalone health insurers to offer this product from 1 April 2021. The product, which…
Farmers across 10 districts of Maharashtra may not be able to avail crop insurance under the Pradhan Mantri Fasal Bima Yojana (PMFBY) this rabi season, as none of the…
The current pandemic will change the landscape of the insurance sector in the country in a big way as it is expected that insurance penetration will increase, expenses of…
Building on the Ayushman Bharat platform, the Centre is looking to further expand health insurance to cover the “missing middle”. To this end, it is set to launch a pilot…
Insurance companies and hospitals are working on standardizing packages for covid-19 treatment. The packages will be applicable to patients with mild to moderate symptoms. Standard packages will help bring down…
IRDAI, has clarified that a motor insurance company cannot deny any claim for not holding a valid PUC or Pollution Under Control certificate. PUC certificate is provided to vehicles that…
According to IRDAI sale, purchase and pledge of equity in excess of 5 per cent of an insurance company's paid-up capital will need the regulator's prior approval, and any violation…
IRDAI has asked life, general and health insurance companies settle to the claims of Delhi riot victims expeditiously. The regulator also asked the insurers to make the payments within 15…
Addressing the inaugural session of the 21st Global Conference of Actuaries (GCA), Chief Guest Dr. Subhash Chandra Khuntia, Chairman Insurance Regulatory and Development Authority (IRDAI) of India, highlighted the critical…
Bangladesh has recently held an insurance fair in Khulna, where Green Delta Insurance has won the first prize for the best stall in the non-life category for the third time.…