IRDA in India Surety Bonds stuck: IRDAI asked to come up with model product July 16, 2022 admin 371 Views 0 Comments IRDAI, model, model product, Surety Bonds In a bid to break the deadlock over the launch of Surety Bonds, the Ministry for Road Transport & Highways Read more
IRDA in India IRDAI reduces solvency margin July 15, 2022 admin 279 Views 0 Comments IRDAI, margin, reduces, solvency IRDAI has reduced the solvency margin requirement for general insurers providing crop insurance, a decision expected to unlock Rs 1,400 Read more
IRDA in India IRDAI told to look into role of agents selling life policies July 15, 2022 admin 251 Views 0 Comments agents, IRDAI, Life policies, role The National Consumer Disputes Redressal Commission (NCDRC) has directed the IRDAI to look into the role of insurance agents selling Read more
IRDA in India PMJJBY: IRDAI cases capital requirement to attract insurers July 14, 2022 admin 307 Views 0 Comments capital, INSURERS, IRDAI, PMJJBY After the recent hike in the premium rate, theIRDAI relaxed capital requirement norms significantly for insurers to encourage their participation Read more
IRDA in India IRDAI sets up committees to suggest industry overhaul July 14, 2022 admin 387 Views 0 Comments committees, industry, IRDAI To overhaul the insurance sector, the IRDAI has formed various committees through the General Insurance Council (GIC) to suggest reforms Read more
IRDA in India Tier-2, 3 cities see demand for new-age products like cyber insurance: Report July 13, 2022 admin 286 Views 0 Comments cities, cyber insurance, products, Report There is a great market opportunity for new-age insurance products like cyber insurance, especially in tier- 2 & 3 cities, Read more
Private life insurance SEBI directs MFs to discontinue bundling SIPs with insurance cover July 13, 2022 admin 259 Views 0 Comments directs, discontinue, Insurance, MFs, SEBI, SIPs SEBI has directed mutual funds (MFs) to stop providing insurance cover as an attraction for wooing systematic investment plan (SIP). Read more
Private life insurance Pandemic leads to excess deaths in 2020 & 2021 at 4.7m July 12, 2022 admin 238 Views 0 Comments 2020 & 2021, deaths, leads, PANDEMIC A new research paper based on insurance policy claims data estimates 0.56 million excess deaths in India in 2020 and Read more
Private life insurance HDFC Life urges IRDAI to allow life insurers sell other financial products July 12, 2022 admin 259 Views 0 Comments financial products, HDFC Life, IRDAI, life insurers HDFC Life Insurance Co is in talks with the Insurance Regulatory and Development Authority of India (IRDAI) to allow life Read more
Private life insurance Premium raised for flagship govt insurance schemes July 11, 2022 admin 271 Views 0 Comments flagship, govt, Insurance, premium, schemes The government raised the premium for its flagship insurance schemes — Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Read more