Addressing Gender Gaps in Risk Protection Introduction In India, gender disparities persist across various dimensions, including financial inclusion and risk protection. Despite women's growing contribution to household income and the…
Insurance Arbitration Clause and Procedure in India Introduction Arbitration serves as an effective alternative dispute resolution (ADR) mechanism for disputes in insurance contracts, often governed by the Arbitration and Conciliation…
As we welcome 2025, it’s essential to reflect on the remarkable transformations that defined the insurance industry in 2024. From regulatory advancements to technological integration, the year was pivotal in…
Parametric Insurance – Revolutionizing Risk Coverage in India India’s insurance industry is undergoing a transformation with the rise of parametric insurance, a solution that simplifies risk coverage and offers quick…
"The life insurance landscape in India has been undergoing a dramatic transformation, driven by changing consumer preferences, advancements in technology, and evolving regulatory frameworks" About Alok Rungta A seasoned Chartered…
As The Insurance Times proudly enters its 45th year, we reflect on the journey that has made this publication an enduring voice of the Indian insurance industry. Over the decades,…
1. As part of the comprehensive review of Regulations being undertaken by the IRDAI, to enhance the ease of doing business and also reduce compliance burden for stakeholders while also…
Mustafa Pithawala had taken a home loan of Rs 20,11,101 from Tata Capital Housing Finance on October 19, 2015. To secure its repayment, he was covered under ICICI Lombard Group…
Vide Circular Ref. No. lRDA/SDD/MISC/CIR/009/01/2013 dated 21st January 2013, IRDAI issued the extant Insurance Fraud Monitoring Framework to provide regulatory supervision and guidance on the adequacy of measures taken by…
IRDAI has extended the deadline for IFRS 17 implementation to FY27, providing insurers with additional time to adapt to this international financial reporting standard. IRDAI has been continuously extending the…