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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

PoS Okayed for Distribution of All Micro-Insurance Products

October 01 2018

IRDAI grants all micro-insurance distribution through point of sales

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Free Travel Insurance No Longer Mandatory in Online Railway Ticket Bookings

September 12 2018

Travel insurance will have to be manually selected in online bookings from now on, and it’ll be a paid service

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IRDAI Mandates ₹15 Lakh Accident Cover for All Vehicles

September 24 2018

IRDAI declares accident cover for motor owner-driver

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IRDAI Takes Action Against TPAs

July 14 2015

The Insurance Regulatory and Development Authority of India (IRDAI), has issued a strict guideline instructing Third Party Administrators (TPAs) to keep out of claims. Several TPA services have been terminated by companies after discovering their fraudulent practices.

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Insurers Adopt Proactive Measures in Monsoon

July 07 2015

During the monsoon season, insurance claims ratio for passenger cars increases by 15-20%. Reason for this is the damage caused by water logging in certain areas.

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J&K Flood Victims' Claims Settled; Rehabilitation Now a Reality

June 30 2015

The devastating floods in Jammu & Kashmir in 2014 resulted in the loss of several lives and left several others homeless. The aftermath resulted in public sector general insurance companies receiving 13,909 claims, of which 13,612 claims, amounting to `729.75 crores, have been settled.

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Health Insurance Policyholders Soon to Benefit from Hospital Discounts

June 30 2015

The Insurance Regulatory and Development Authority of India (IRDAI) has mandated that insurers and TPAs (third party administrators) pass on all discounts (received from hospitals) to policyholders while settling health claims.

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India Launches `1,500 crores Insurance Pool for Nuclear Liability

June 17 2015

The Government has created a nuclear insurance pool worth `1,500 crores with the support of Nuclear Risk Insurers (NRI), UK.

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Assam Floods: Overflowing Rivers Disrupt Daily Life

June 16 2015

The onset of monsoon in northeast India was marked by the first wave of floods in Assam. Relentless rainfall has caused the Brahmaputra and its tributaries to overflow and inundate up to 2,800 hectares of crops,

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75% Two-wheelers Running Without Insurance

June 04 2015

The Indian vehicle market is dominated by two-wheelers, as they constitute nearly 70% of it. Out of this share, 75% two-wheelers are running without a Motor Insurance Policy. Although Third Party Liability insurance is mandatory, two-wheeler owners seem to be overlooking this compulsion.

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Smart Cities and their Impact on Our Future

May 29 2015

Smart Cities are developed urban areas with unlimited digital and technological potential to reduce cost and resource consumption and enhance the performance, well-being, and efficiency of its citizens.

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Rise in Demand for Senior Citizens' Health Policies

May 28 2015

The demand for senior citizens' health policies has registered a growth of 20-25% in 2014-15. The average health insurance cover bought by people above 60 years of age, has also increased gradually from `2-3 lakhs to `4-5 lakhs within a couple of years.

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Delhi and Maharashtra Top Insurance Charts

May 26 2015

According to data provided by General Insurance Council (GIC), Delhi has emerged number one in insurance density and insurance penetration, while Maharashtra tops the list in generating non-life premium for the year 2013-14.

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