December 24 2015
IRDAI has drifted away from its earlier stand pertaining to regulations regarding reinsurance companies. This change might prompt certain global reinsurance companies to rework their strategy to open branches in India.
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December 16 2015
According to Insurance Regulatory and Development Authority of India (IRDAI) reports, less than 0.3% of the population has health insurance.
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December 14 2015
IRDAI Chairman Mr. T S Vijayan recently launched a portal named 'Registry of Hospitals in Network of Insurers' (ROHINI) to ensure a centralized depository of information pertaining to health insurance.
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December 01 2015
Handwritten passports will no longer be valid for international travel with effect from 25th November 2015, as directed by the government of India for its citizens.
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November 21 2015
IRDAI has been considering a single-premium health plan for the Indian insurance sector for some time. Meanwhile, the long-term health policy proposed by it has turned out to become profitable on many fronts.
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November 19 2015
The General Insurance Council (GIC), which is an association of non-life insurance companies in India has decided to put up a database of suspected cheats and frauds.
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November 16 2015
A survey conducted by ICICI Lombard on Understanding Lifestyle and Attitude towards Health of Millennial (those born in the 80's and the 90's) stated that the Indian Millennial spend just 5% of their monthly income on health and medical needs
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November 13 2015
A joint study conducted by Assocham-CRISIL states that the government should implement an index based on the insurance penetration and regard it as a measure of financial and social progress.
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November 10 2015
The Insurance Regulatory and Development Authority of India (IRDAI) has taken a revolutionary decision by allowing a new type of distributor.
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November 06 2015
Keeping in mind the needs of the Internet-savvy generation, many insurance companies are collaborating with technology firms to make online transactions hassle-free.
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