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Cover Story

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

Mental and Genetic Disorders Can’t Be Excluded from Health Insurance Coverage: IRDAI

February 24 2019

The Insurance Regulatory Authority of India has asked health insurers to offer coverage to those suffering from mental and genetic disorders.

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New Circular of IRDAI Eases Communication Concerns for Policyholders

May 16 2019

IRDAI’s circular asks insurers to put a mechanism through which policyholders can update their contact information.

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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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IRDAI Guidelines for Public Listing of General Insurance Companies

August 11 2016

The IRDAI says that firms that have completed 8 and 10 years in general and life insurance respectively have to go for mandatory listing on the stock market.

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Banks to Soon Fund General Insurance Premiums

August 10 2016

The IRDAI is planning to introduce premium financing in non-life insurance sector. This means, customers may be able to pay the premium in installments.

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Third Party Insurance Could Cost 10-15% More

August 08 2016

As per a recent bill proposed in the parliament, certain amendments are suggested to the Motor Vehicle Act, which could result in hike in third party premium.

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Cabinet Passes Bill to Enforce Insurance for Government Vehicles

August 06 2016

Considered as a game changer for state governments, the newly passed bill will make it mandatory for government-owned vehicles to purchase third party insurance.

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Good and Services Tax (GST) to Make General Insurance Dearer

August 06 2016

The Goods and Services Tax (GST), hailed essential for the modern times to standardise tax rates across the centre and state, is bound toincrease insurance costs.

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Motor Vehicle Bill Amendment to Curb Traffic Violations

August 04 2016

With theriseof injuries and fatalities on Indian roads, the Motor Vehicle Amendment Bill focuses on instilling a greater sense of responsibility and awareness by imposing hefty fines.

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The First Insurance Company to Issue Subordinated Debt: ICICI Lombard

August 01 2016

ICICI Lombard became the first private non-life insurer to raise funds by issuing non-convertible debenture bonds through private placement.

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Common Service Centres to Help Purchase Travel and Home Insurance

July 15 2016

IRDAI has regulated the formation of CSC-SPV to market insurance products, with an aim to promote easy accessibility of insurance products to consumers.

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The General Insurance Council of India to Develop Data Banks of Fraudulent Claims

July 13 2016

The GIC will provide a free software module to insurance companies to detect fraudulent claims, as per a recent report.

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Insuring Two Wheelers with Long-Term Plans

July 05 2016

ICICI Lombard has introduced long term two wheeler insurance plans to encourage renewals

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