Guidelines for participation in the contest 1. The Technical/Research Paper Writing Contest 2020 is back and open to all in India and Abroad. 2. The paper must be an original…
Reinsurance companies have approached the IRDAI for a separate set of accounting and reporting norms for the Reinsurers. At present, re-insurers in the country, use the same reporting norms prescribed…
Insurance Regulatory and Development Authority of India (IRDAI) said it expects foreign re-insurers which will get final clearance from the regulator to be operational in the country over the next…
IRDAI has given its first phase of licence to ITI Reinsurance, thus clearing the first ever Indian private sector reinsurance company in the country. The IRDAI board in a meeting…
IRDAI has granted special approval to 23 Cross Border Reinsurers (CBR) for the year 2016-17. This will allow Indian insurers to make reinsurance placements with a large number of reinsurers.…
With regard to the mood on the overall business environment and reducing blockages... While the government is putting a lot of effort in removing blockages with a host of…
The government is considering exempting insurance intermediaries, including brokers, from the FDI limit. The insurance regulator had at some point decided to apply the limits applicable to insurance firms…
General Insurance Corporation of India (GIC Re) and 11 other non-life insurers have formed the India Nuclear Insurance Pool. It will have a capacity of Rs 1,500 crore. New…
Life Insurance Council is working hard towards making the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) attractive for its member companies apprehending its viability under the present pricing policy.…
Insurance is a business of Probability, spreading of losses when the probable event takes place. Spreading the losses takes place in the agreed business participation by way of Insurance &…