“India needs atleast 1000 qualified actuaries in the near future”, IRDAI Chairman
Addressing the inaugural session of the 21st Global Conference of Actuaries (GCA), Chief Guest Dr. Subhash Chandra Khuntia, Chairman Insurance Read more
Insurance Regulatory
Life insurer’s premium grows marginally in November
First year premium of life insurers grew marginally by 5.8% to Rs 16,994.95 crore in November. Total Rs. 16,061.40 crores Read more
Cashless claims : IRDA chief ex plains non-intervention in stand-off
The Insurance Regulatory and Development Authority, Mr. J. Hari Narayan, justified IRDA’s non-intervention in the current stand-off between some insurers Read more
Insurance Ombudsman
The institution of Insurance Ombudsman was created by a Government of India Notification dated 11th November 1998 with the purpose Read more
Protection of Policyholders Interests (IRDA) Regulations
Salient Features Point of Sale (1) Notwithstanding anything mentioned in regulation 2 (e) above, a prospectus of any insurance product Read more
LOSS MINIMISATION OF MOTOR CLAIMS
A relationship of trust and mutual respect for each other rights would definitely result in loss minimization of motor claims.
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Insurance and Islam
1. Introduction
The validity of the transaction of insurance in Islam has been much talked of from time to time. It is said that it is illegal because the element of “Riba” i.e. interest is mixed in it and some say that the element of “Maiser” i.e., gambling, is the basis of this transaction. Read more