IRDA in India IRDAI mulls basic standard policy for cyber attacks December 22, 2020March 18, 2021 admin 362 Views 0 Comments Cyber attacks, cyber liability insurance products, IRDAI, standard policy IRDAI has formed a working group, to examine the need for standard cyber liability insurance products. Observing that cyber Read more
General Insurance News Farmers in Maharashtra opt out of rabi crop cover December 22, 2020March 18, 2021 admin 478 Views 0 Comments Farmers in Maharashtra, insurance companies, PMFBY, rabi crop Farmers across 10 districts of Maharashtra may not be able to avail crop insurance under the Pradhan Mantri Fasal Read more
General Insurance News Non-life insurance premium falls to Rs. 15,855 crore in October December 21, 2020March 18, 2021 admin 410 Views 0 Comments COVID, General insurers, health insurance, non-life insurance General insurers reported gross direct premium of Rs 15,855.11 crore in October, down 0.42% year-on-year. However, motor insurance, which Read more
General Insurance News ICICI Lombard gets in-principle approval from IRDAI approval to acquire Bharti AXA General Insurance December 21, 2020March 18, 2021 admin 363 Views 0 Comments Bharti AXA General Insurance, CCI, ICICI LOMBARD, IRDAI approval, policyholders IRDAI has approved in-principle acquisition of General Insurance business of Bharti AXA General Insurance Company Limited (Bharti AXA) by Read more
General Insurance News Muthoot Finance launches jewellery insurance in partnership with Bajaj Allianz general insurance December 21, 2020March 18, 2021 admin 439 Views 0 Comments BAJAJ ALLIANZ GENERAL INSURANCE, gold jewellery, Insurance coverage, jewellery insurance, Muthoot Finance Muthoot Finance, has partenered Bajaj Allianz General Insurance, to provide insurance on gold jewellery. The new product known as ‘Muthoot Read more
General Insurance News General Insurance Corporation of India announces appointment of directors December 19, 2020March 18, 2021 admin 348 Views 0 Comments Appointment of Directors, General Insurance Corporation General Insurance Corporation of India announced the appointment of Anjan Dey, General Manager, New India Assurance Company and Deepak Read more
General Insurance News Underwriting losses of Insurance Industry rise to Rs 22,859 crore December 19, 2020March 18, 2021 admin 358 Views 0 Comments General Insurance Council, General insurers, ICICI LOMBARD GENERAL INSURANCE, Insurance industry, NEW INDIA ASSURANCE The total underwriting losses of the insurance industry have surged by 4.4 per cent to Rs 22,859 crore in Read more
General Insurance News PSU insurers asked to reduce avoidable expenses December 19, 2020March 18, 2021 admin 398 Views 0 Comments digital medium, Finance ministry, general insurance companies, PSU insurers Finance Ministry has asked 3 PSU General insurers, National Insurance, Oriental Insurance and United India Insurance, to rationalise branches Read more
General Insurance articles Insurance Articles INSURANCE LAW – MOTOR VEHICLES ACT – COMPENSATION PAYMENT – SUPREME COURT December 15, 2020March 18, 2021 admin 624 Views 0 Comments COMPENSATION PAYMENT, High Courts, insurance law, Motor Vehicles Act, Supreme Court I. COMMON ISSUES: 1. Whether the High Courts erred in law in granting compensation to the Claimants under the heads Read more
General Insurance articles Health Insurance article Insurance Articles When is the right time to buy a Health Insurance Policy? December 14, 2020March 18, 2021 admin 687 Views 0 Comments AYUSH treatment cover, health insurance policy, IRDAI, Post Covid-19 Post Covid-19, nothing ever seemed so unpredictable and beyond control but life. True? Thinking about the right time to buy Read more