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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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Regulator Formulating New Vehicle Insurance Policies

March 21 2017

These new policies are meant to increase the coverage of mandatory third party vehicle insurance and give more options to the vehicle owner

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Fake Driver’s License Can Get Your Claim Rejected

March 21 2017

Checking your driver’s license while hiring can be the difference between a successful or a rejected claim

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2 Deaths Every 3 Days in Last 8 Years Due to Train Accidents

March 20 2017

Lack of proper training, overworked employees and severe deficit in staffing has led to rise in train accidents killing 2 every 3 days in last 8 years.

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Vehicle Insurance to Be Made Mandatory for Fitness Test

March 17 2017

Uninsured vehicles in Telangana will soon be not allowed to undergo fitness tests or any other transactions at the RTA.

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Aadhaar Becomes Mandatory for Crop Insurance Policies

March 09 2017

The government has made aadhaar necessary to get crop insurance from the coming Kharif season starting from April 1.

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Mysore Police to Seize Rides of Riders without Helmets

March 08 2017

Not wearing helmets while riding and plying in a vehicle without insurance? These are enough for police to seize your vehicles in Mysore.

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Healthcare to Grow by 14% in Next Five Years, Says ICRA

March 06 2017

Higher penetration of health insurance and medical tourism will the driving factor for nearly 14% growth in the healthcare sector.

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Health Insurance Sees Dramatic Increase in Last Decade

March 05 2017

Government schemes drive health insurance penetration, but people are applying for private insurance cover too.

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Small Town Residents to Pay Less for Health Insurance than Urban Dwellers

March 03 2017

With a majority of small town dwellers not buying health insurance due to its high premium cost, insurers are looking to reduce premium cost in small towns.

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₹894 Crore Released as Insurance to Farmers in Maharashtra

March 02 2017

Maharashtra government releases highest crop insurance compensation for farmers suffering from last year’s unseasonal rains.

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