Health insurers are in talks with agents, brokers and web aggregators to reduce distributor commissions so that the recent GST relief on health insurance translates into lower customer premiums. Industry…
On June 12, 2025, Air India Flight 171, a Boeing 787-8 Dreamliner, tragically crashed into BJ Medical College hostel, shortly after take-off from Sardar Vallabhbhai Patel International Airport in Ahmedabad,…
We draw your attention to IRDAI Circular Ref: IRDA/IT/GDL/MISC/082/04/2017 dated 7th April, 2017 setting out guidelines on Information and Cyber Security for Insurers. From the feedback/ updates received from Insurers,…
Innovation is the only insurance against irrelevance - Gary Hamel, Business Thinker. Introduction: The home insurance sector in India has achieved less than 1% penetration level against a global benchmark…
All insurers regardless of size, complexity, or lines of business, collect, store, and share with various third-parties (e.g., service providers, reinsurers etc.)substantial amounts of personal and confidential policyholder information, including…
Introduction The Master Circular on Operations and Allied Matters of Insurers, issued by the Insurance Regulatory and Development Authority of India (IRDAI) on June 19, 2024, aims to consolidate various…
Reference is invited to clause 4 of the Circular ref: IRDA/TPA/REG/CIR/059/03/2016 dated 28.03.2016 issued under the provisions of IRDAI (TPA – Health Services) Regulations, 2016. Annexure 30 of the within…
How is the reinsurance market scenario in Nepal? In the current year, we are more concentrated on Domestic business and specially the Mandatory Cession rather than treaty. It makes us…
1. Clear and transparent communications play a vital role in servicing of insurance policies and in ensuring that the benefits of insurance policies flow to the beneficiaries in a timely…
Come September and owners of passenger cars and two-wheelers will have the option to select their insurer while buying or renewing their motor insurance policy. A comprehensive motor insurance policy…