“GST” IMPACT ON THE INSURANCE INDUSTRY
Mr Jagendra Kumar is currently the Corporate Head (Training) at Shriram General Insurance Company. Mr Kumar is a prolific writer and has wide experience in the general insurance industry. Before…
Submission of Actuarial reports for the FY 2016-17 in respect of the registered branch offices of Foreign Reinsurers other than Lloyd’s
The circular is issued in accordance with the powers vested under Section 14(2) (e) and 14(2) (h) of the IRDA Act, 1999. The Authority is in receipt of queries from…
Insurance Awareness Campaign, in the form of Radio jingles
Insurance Regulatory and Development Authority of India (IRDAI) has launched an Insurance Awareness Campaign, in the form of Radio jingles, for a period of six months starting from 20th February,…
File & Use procedure for minor modifications under existing products and riders offered by Life Insurers
To all the CEOs of Life Insurance Companies 1. Change in current File and Use procedure The products offered by Life Insurers need to keep pace with changing requirements of…
Don’t rely on your group life cover alone
A recent survey by Marsh India Insurance Brokers found the percentage of companies offering life insurance coverage as part of employee benefits had increased from 60 per cent in 2010…
Filing of Health Insurance Advertisements by Life Insurers
At present, the life insurers are filing advertisements of both Life and Health related products with the Life Department of the Authority on the BAP portal. In order to facilitate…
Editorial Insurance Times March 2017
January to March every year is quite busy for all insurers, particularly life insurers. The sale of life insurance policies is at peak during this period. This indicates that people…
WINDS FAVOUR LIFE INSURANCE UNION BUDGET 2017-18
I have borrowed a few words for the title of this article from the closing remarks of our Honourable Union Finance Minister, " It is said when my goal is…
LIC TOPS IN MDRT’S GLOBAL MEMBERSHIP
"You cannot have Million Dollar Dreams with Penny Thoughts" exclaimed Mr. Brian D Heckert, the 2016 President of Million Dollar Round Table (MDRT), USA, while addressing the delegates at the…
Is it preferable to buy a multi-year insurance policy for two-wheelers?
Are you one of those who tend to forget to renew your vehicle's insurance policy? You are not alone, as far as not having mandatory insurance is concerned. "Almost 75%…