IRDAI has recently notified restrictions and regulations for insurance companies on advertising policies to safeguard consumer interests. IRDAI, via recently issued circular, said, "To ensure that the insurers, intermediaries or…
In a notable judgment, the Supreme Court has recently held that a breath analyzer test or blood test as contemplated under the Motor Vehicles Act is not necessary for an…
Older vehicles are not only more hazardous but also carry a greater risk of breakdowns and accidents. They also lead to more pollution. The scrappage policy aims at taking old…
The biggest business of non-life insurers, motor insurance, is still in contraction. Till February, the segment has shrunk 4%b in premiums collected. In the same period, the health insurance premiums…
Karnataka stands third among states, after Maharashtra and Gujarat, in terms of COVID-19 insurance claims from the start of the pandemic until April 1, 2021. Patients of Karnataka have claimed…
The Agriculture Insurance Company of India Limited has recently collaborated with Gramcover to collectively enhance rural insurance penetration. It will achieve this by utilizing the expertise of Gramcover in rural…
PhonePe has recently stated that Corona Virus insurance has seen widespread adoption lately with 75% of its policies bought by customers in smaller towns outside the tier-1 cities. The top…
Bharti AXA Life Insurance has recently announced its bancassurance partnership with Fincare Small Finance Bank for distribution of life insurance products through the bank’s pan-India network. This alliance will make…
Aditya Birla Health Insurance Company Ltd. (ABHICL) has recently launched a two-video multilingual multi-platform campaign ‘#ABHIKaro’ which has garnered a tremendous response. The campaign promotes the idea of ‘Chuno insurance…
The Delhi High Court has recently refused to stay the February 21 circular of General Insurance Public Sector Association by which mediclaim premium of serving and retired employees of 4…