Newsletter November 2023 The much awaited major reforms in the insurance sector might face further delays, as sources suggest that the path breaking insurance Bill 2023 is unlikely to be...
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Newsletter June 2023 Newsletter June 2023 IRDAI has issued license to new companies Acko Life Insurance Ltd, and Credit Access Life Insurance Ltd. With these two additions, the total number...
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Newsletter April 2023 Newsletter April 2023 IRDAI is planning major overhaul of the Insurance industry by relaxation of current guidelines, adoption of technology, give more leeway to insurers to launch...
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Newsletter Oct 2021 Newsletter October 2021 LIC listing likely by Q4 FY22: Public listing of Life Insurance Corporation of India, which is likely to be the largest for Indian markets,...
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Newsletter April 2021 Newsletter April 2021 LIC settles 561 corona claims worth Rs. 27 crore : Life Insurance Corporation of India said that it has settled 561 Covid 19 death...
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The Supreme Court has observed that an insurance company cannot raise delay as a ground for repudiation for the 1st time before the consumer forum, if it has not taken delay in intimation as a specific

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General insurers are in complete support of raising foreign direct investment (FDI) limit in the sector to 74%. Recently, the representative body of general insurance, health insurance reinsurance companies

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The Clinical Establishments Act has drawn up standards that hospitals must meet and needs healthcare providers to declare the services provided. If there are transgressions

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Framers in Maharashtra are likely to receive heavy compensation as from crops damaged due to dry weather in June and floods in September. The outgo may be over Rs. 10000 crore, agriculture ministry officials said.

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The IRDAI will seek viewpoint of the life and general insurance councils before making decision on the appeal of life insurers in order to offer indemnity based health plans. In an aim of launching indemnity or reimbursement

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