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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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Incredible Benefits of Bike Insurance Renewal

April 12 2016

A motorbike is considered to be a valuable asset by most people across the globe. For most of us, it is a dream to buy a motorbike. Unfortunately, once a bike is taken under possession, most people forget about their main duty towards it.

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A 'Zomato' Service for Hospitals from ICICI Lombard

March 30 2016

ICICI Lombard has launched Health Advisor, a platform where patients and policyholders can rate and review healthcare providers on parameters of cost, service and facilities.

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Digital Repository of Medical Records to Be Created

February 05 2016

The electronic health record system proposed by the government to facilitate accessible, quality healthcare facilities at affordable rates can greatly benefit the insurance sector.

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Insurers to report ownership structure within deadline

January 19 2016

Following IRDAI guidelines, insurers are required to report the ownership structure of their holding by January 18th 2016.

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Insurance set to become popular via e-commerce

January 18 2016

Ongoing discussions and innovative proposals are set to transform the insurance industry in 2016, simplifying the process for policyholders while providing them enhanced services.

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2015 witnessed 100% increase in travel insurance sales

January 13 2016

Travel insurance sales have almost doubled in 2015 as compared to 2014, due to rising global calamities.

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Motor owners in metro cities to pay higher policy premium

January 04 2016

With natural disasters resulting in higher motor insurance claim amounts, insurance companies may revise the premium rates to accommodate the newly identified risks.

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General Insurance Expects a Further Boost in 2016

December 30 2015

A report released by ICICI Lombard reveals the insurance trends that developed in 2015 and their positive effects on the industry in 2016.

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IRDAI's New Reinsurance Norms in Favour of GIC Re

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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Less Than 0.3% Indians Have Health Insurance

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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