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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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Only 27 Per Cent Indians Have Health Insurance

December 18 2017

With 73% or 100 crore Indians medically uninsured, FICCI & KPMG suggest Health Savings Account (HSA) to provide all-inclusive solution

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Motor Vehicle Act (Amendment) Bill 2017 To Come Up In Winter Session Of Parliament

December 15 2017

The focus on road safety will see the Bill impose heavy fines on offenders and bring changes to how third party motor insurance is settled

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Solar Panel Warranty Insurance Launched By ICICI Lombard

December 14 2017

Increasing focus towards clean energy has put solar power in the limelight. Increased generation brings risks and hence need for insurance coverage

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Disease-specific Insurance Plans Becomes Popular In Hyderabad

December 14 2017

With the increase in cases of deadly diseases, disease-specific insurance policies are becoming popular in Hyderabad

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Internet Of Things May Soon Come Under Insurance Policy

December 11 2017

IRDAI has set up a working committee to study the various aspects of bringing IoT devices under insurance policy. The reports will be submitted in February

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Cap on Dealer Commissions to Not Impact Premiums

November 30 2017

The capping of the distribution fees payable to Motor Insurance Service Providers is unlikely to affect the premiums of motor insurance policies

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Sanitary Workers in Ramanathapuram seek Health Insurance Cards

November 15 2017

Sanitary workers approach administration to seek benefits under Chief Minister’s Comprehensive Health Insurance Scheme

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IRDAI Mandates Linking of Aadhaar with Existing Policies

November 11 2017

IRDAI has made it mandatory for policyholders to link their existing policies with Aadhaar by 31st December 2017

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MoS for Health Says Health Insurance Infrastructure Must Keep Pace with Sector Growth

November 10 2017

With the health insurance industry seeing significant growth, the government is keen on ramping up infrastructure

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Third Party Motor Insurance is Now the Money Spinner

November 07 2017

The IRDAI, in the last financial year, raised the cost of third party motor insurance premium by 28% for cars in the 1000- 1500 cc and above range

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