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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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Travelling To UAE? This Insurance Advisory is for You

February 24 2019

The Consulate General of India in Dubai has released a statement, advising all Indian nationals who are travelling to UAE to have adequate medical insurance.

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Now You Can Claim Your Accident/Health Benefits in Instalments

January 22 2019

An IRDAI working panel has recommended that insurance companies must allow the policyholders to receive accident and health insurance claim benefits in instalments.

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With Profits Up, ICICI Lombard GIC Closes a Strong 3rd Quarter

January 20 2019

General Insurance Company ICICI Lombard reported a net profit of Rs. 239.14 crore during 3rd quarter ended December 2018, up by 3.2% when compared to similar period of last year.

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Ahmedabad Gets India's First Digital Hospital

January 19 2019

Prime Minister Narendra Modi inaugurated India’s first super-speciality digital hospital, the Sardar Vallabhbhai Patel Institute of Medical Science & Research (SVPIMSR) in Ahmedabad.

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Indians can share their health data for better insurance discounts: Survey

January 16 2019

The fifth annual report by GOQii survey revealed that demand for health insurance is rising among Indians due to increase in lifestyle diseases and spiralling healthcare costs.

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Authorities Rule That Your Medical Insurance Must Cover Pre-Op Expenses as Well

January 08 2019

A state consumer forum recently ordered that Mediclaim insurance policies must also cover all the pre-surgery expenses such as doctor consultation fees and medical tests, etc.

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Now, Linking Your Driving License with Aadhaar is Under Consideration

January 08 2019

The government is considering making it mandatory for all driving licenses to be linked with Aadhar card to prevent duplication of the licenses.

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ICICI Lombard To Go the AI Way for Motor Insurance Renewal

December 20 2018

ICICI Lombard has launched an artificial intelligence-based solution for instant renewals of expired or lapsed motor insurance policies.

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Now You Can Avail Single Personal Accident Cover for Multiple Vehicles

December 14 2018

IRDAI has released a circular to unbundle the compulsory Personal Accident cover from the mandatory third-party motor insurance plans and allowed the issuance of separate PA cover policies from 1st January.

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Sixteen? Now You Can Get a License to Ride E-Scooters in India

December 12 2018

The government of India has decided to provide driving license for teenagers between 16-18 years of age to ride e-scooters with maximum motor power of 4 kWh at speed up to 70 kmph.

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