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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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Work Pressure and Stress Main Triggers for Smoking: Survey

May 31 2018

A survey conducted by ICICI Lombard says that stress and work pressure are the leading reasons for people taking up the smoking habit.

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Notification Issued by Road Ministry to Change Motor Vehicle Act

May 30 2018

Road Ministry issues notification to replace insurance limits in Motor Vehicle (Amendment) Bill, 2016, allowing victims to claim over ₹5 lakh.

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Road Transport Ministry Ensures No Issue of Insurance Without PUC Certificate

May 30 2018

India’s road transport ministry asks IRDA to ensure companies do not issue or renew vehicle insurance unless the owners can produce a PUC certificate.

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Non-life Insurers Report 14% Rise in Gross Premium for April

May 25 2018

There is an increase in the gross premium of non-life insurance by 14 percent at ₹13,880.74 crores compared to April last year.

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Health Ministry Proposes Refund of Excess Premium Under NHPM

May 04 2018

The Health Ministry is contemplating to enforce refund of excess premium if the claim ratio of NHPM falls below the threshold of 85%

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ICICI Lombard – First Indian Company certified with ISO 31000:2018

May 03 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

Read More

New IRDAI Chief to Focus on Insurance Penetration

May 02 2018

Subhash Chandra Khuntia, the new IRDAI chairman will focus on increasing insurance penetration in the country, among other things

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Cognizant Develops Blockchain Solution for Insurers

April 16 2018

Cognizant has developed a blockchain solution that is expected to provide several benefits to life insurers part of the consortium.

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Disparity in Third Party Premium Rates for Goods Carriers; HC Issues Notice

April 15 2018

The Madras High Court has issued notice to the central ministry and the IRDAI following a plea about the disparity in third party insurance premium rates.

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SC Panel Wants To Make Long-Term Motor Insurance Mandatory

April 02 2018

Gross non-compliance among vehicle owners with regards to insurance, prompts SC committee to ask IRDAI to consider mandatory long-term vehicle Insurance

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