The life insurance industry in Japan is forecasted to recover from 2021 onwards and increase at a compound annual growth rate (CAGR) of 1.8% during 2020-2024. However, it will still…
InsurTech start-up Edelweiss General Insurance (EGI), has launched yet another industry first digital offering, IPOS (Integrated Partner On-boarding Solution). This is a fully automated onboarding solution for all its existing and prospective partners…
Choice group has recently launched a FinTech aggregator platform - ISMOS, offering life, health and general insurance plans, intensifying competition in the field. Suyash Patodia, Executive Director, Choice Insurance Broking, …
As per the regulatory data, the gross direct premium written by non-life insurance companies rose by over 22% in April, 2021 to Rs. 17,309.54 crore. All the 33 insurance companies…
IRDAI has imposed a monetary penalty of Rs. 30 lakh on SBI General Insurance Company for its failure to comply with the third-party motor insurance regulations. The company had failed…
GigIndia has recently announced that it will provide free COVID-19 health insurance to its active gig workers covering up to Rs. 3 lakh of medical expenses. Considering the adverse financial…
The liability of a person sitting on the mudguard of a tractor is not required to be covered by a statutory insurance policy as contemplated by section 147(1) of Motor…
Egypt's Financial Regulatory Authority (FRA) has recently revealed that insurance companies licensed by the authority will provide an umbrella of insurance policies for citizens travelling abroad. The FRA also stated…
The Employees State Insurance Corporation has recently installed oxygen generation plants at its two hospitals in Delhi NCR area. These include a 440 LPM capacity plant at the ESIC Hospital…
Jitesh Bawa has been elevated as the CHRO (Chief Human Resources Officer) of Tata AIG General Insurance. Previously he was working as Senior Vice President - Human Resources. He comes…