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Latest Insurance News Today

First Indian Company certified with ISO 31000:2018

ICICI Lombard – First Indian Company certified with ISO 31000:2018

May 2018

The British Standard Institution (BSI) has awarded a Certificate of Compliance to ICICI Lombard – the first Indian company to be certified with the ISO 31000:2018

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Featured Articles

Union Budget 2021: Finance Minister proposed hiking FDI limit in insurance to 74%

February 02 2021

The Government of India has proposed a hike in the limit or cap on Foreign Direct Investment (FDI) in the insurance sector to 74% from the existing 49%. The decision was announced by the Finance Minister of India, Mrs Nirmala Sitharaman, during her budget speech in the parliament on 1st February 2021.

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Insurance Regulator Mandates Cancellation of RC In Case of Total Loss Claim Settlement

July 30 2019

IRDAI’s mandate to cancel the registration of completely destroyed vehicles is expected to put a check in the cases of fraudulent car registrations.

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This Is How IRDAI Is Planning to Offer You More Freedom Regarding Health Insurance

July 09 2019

The IRDAI’s proposal of providing the health insurance policyholders with an option to select the TPAs of their choice is expected to result in better service offerings for them.

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General Insurers to File Appeal in Supreme Court Against Mandatory PUC

July 23 2018

The requirement of mandatory PUC certificate for car insurance renewal will slowdown insurance industry growth

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Supreme Court Makes Long-term Insurance Mandatory for Sale of Vehicles

July 21 2018

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Expert Body Set Up by Madras HC to Counter Duplicate Accident Claims

July 19 2018

Lawyers are also involved in the duplicate accident claims scam

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Insurance Penetration Shows Marginal Increase in FY2018

July 07 2018

The growth of industry was impacted by GST reforms and demonetisation

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More Measures Needed to Expand Insurance Coverage: National Health Profile 2018

June 22 2018

Public sector insurance companies are still the dominant force in insurance sector

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IRDAI to Review Regulations for Insurance Marketing Firms

June 18 2018

The motive behind the move is to expand insurance coverage to all strata of society

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Millions of Indians Face Poverty Due to Health Spending

June 15 2018

Hospital bills are a huge burden on the financial well-being of Indians

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A Slow but Gradual Increase in Digitisation of Insurance Policies

June 10 2018

Digitisation of insurance policies will help insurers save more on maintenance

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Long-Term Motor Insurance in the Works

June 03 2018

The general insurers have been encouraged by IRDAI to come up with long term motor third-party insurance that would increase penetration and compliance.

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Health Insurance Scheme for Odisha Working Journalists

June 01 2018

Journalists in Odisha will be given health insurance coverage by the state amounting to ₹2 lakh a year. The first phase will enrol 3,233 journalists

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