Sponsored
    Follow Us:

insurance sector

Latest Articles


5 Questions You Should Ask Your Insurance Advisor

Finance : Discover the crucial questions you should ask your insurance advisor to ensure you get the right coverage. Learn more about policy...

July 9, 2024 819 Views 0 comment Print

Health and Life Insurance: How much coverage amount is necessary?

Finance : Learn how to determine the right coverage for health and life insurance. Discover the best plans and tips for securing your family...

June 27, 2024 960 Views 0 comment Print

Insurers and TPAs as Data Fiduciaries: Challenges and Solutions

Corporate Law : Explore the complexities faced by insurers and TPAs as data fiduciaries, navigating regulatory landscapes. Learn strategies and im...

May 13, 2024 738 Views 0 comment Print

Travel Insurance Claims: Handling Flight Delays and Cancellations

Finance : Are you tired of the daily grind and craving a break from the routine? Many of us look forward to that one special trip each year,...

April 26, 2024 723 Views 0 comment Print

Taxation of ULIP and LIC- Part II

Income Tax : Explore the taxation of ULIP and LIC maturities under the Income Tax Act in India. Learn about capital gains, computation, and tax...

April 9, 2024 1512 Views 1 comment Print


Latest News


IRDAI Master Circular on Submission of Returns

Corporate Law : Explore IRDAIs consolidated Master Circular on Submission of Returns effective April 2024. Simplify compliance with 202 regulatory...

June 14, 2024 669 Views 0 comment Print

IRDAI’s Regulatory Revamp: A Paradigm Shift in Insurance Sector 

Corporate Law : Discover how IRDAI's recent regulatory overhaul aims to foster innovation, competition, and sustainable growth while protecting po...

March 24, 2024 747 Views 0 comment Print

Draft IRDAI (Protection of Policyholders’ Interests & Allied Matters of Insurers) regulations 2024

Corporate Law : Learn about the draft IRDAI (Protection of Policyholders' Interests & Allied Matters of Insurers) regulations 2024, including prov...

February 15, 2024 1287 Views 0 comment Print

Draft IRDAI (Rural, Social Sector & Motor Third Party Obligations) Regulations, 2024

Corporate Law : Explore the key provisions & implications of IRDAIs proposed regulations on rural, social sector & motor third party obligations. ...

February 8, 2024 807 Views 0 comment Print

Draft IRDAI Regulations 2024: Registration, Capital, Shares Transfer & Amalgamation

Corporate Law : Explore the proposed IRDAI Regulations 2024, consolidating key insurance rules. Learn about changes, clarity on capital structure,...

February 5, 2024 594 Views 0 comment Print


Latest Judiciary


Doubt in Surveyor’s Report Leading to Non-Assessment by Insurance Company constitute Service Deficiency

Corporate Law : In present facts of the case, the National Commission observed that where the Final Surveyor’s Report credibility becomes doubtf...

October 12, 2023 777 Views 0 comment Print

Insurance Policy applicable to whole India & not limited to concerned premises of Insured

Corporate Law : In present facts of the case, the National Commission allowed the Revision Petition filed by the Complainant by making observation...

October 11, 2023 522 Views 0 comment Print

Insurance Claim Rejection Unjustified: No Link Between Depression & Fatal Cardiovascular Arrest

Corporate Law : In present facts of the case, the Revision Petition have been filed by the Petitioner – LIC against Respondents under section 21...

October 11, 2023 678 Views 0 comment Print

Motor Accident Claim: Tyre Burst is not an ‘Act of God’ & Insurance Company is liable to pay Compensation

Corporate Law : Tyre burst is not an act of God but a consequence of negligence and the Driver/ Insurance company cannot be exonerated for the sam...

March 16, 2023 3369 Views 0 comment Print

Court is required to ensure that prima facie a genuine arbitrable dispute exists

Corporate Law : Oriental Insurance Company Limited Vs Dacite Furnishing Limited (Supreme Court) For deciding the application under Section 11(6) o...

December 28, 2022 1230 Views 0 comment Print


Latest Notifications


IRDAI Penalizes Prowess Insurance Brokers for regulatory violations

Corporate Law : IRDAI issues a penalty of Rs. 37 lakhs to Prowess Insurance Brokers for regulatory violations. Read the full order details and imp...

July 17, 2024 51 Views 0 comment Print

IRDAI Fines Bandhan Life Insurance ₹1 Crore for AML & Policyholder Protection Breaches

Corporate Law : Explore IRDAI's final order on Aegon Life Insurance (now Bandhan Life) regarding violations of AML and policyholder protection reg...

July 17, 2024 66 Views 0 comment Print

ITC Entitlement for Insurance Companies on Motor Vehicle Repair Expenses under Reimbursement Claims

Goods and Services Tax : Clarification on ITC entitlement for insurance companies on motor vehicle repairs under reimbursement claim settlement as per CGST...

June 26, 2024 447 Views 0 comment Print

IRDAI Master Circular on Operations and Allied Matters of Insurers

Corporate Law : IRDAI introduces new insurance reforms focusing on policyholder empowerment, grievance redressal, and transparency in operations. ...

June 19, 2024 522 Views 0 comment Print

IRDAI Master Circular on Life Insurance Products

Corporate Law : Read about the latest reforms in the Indian life insurance sector by IRDAI, aimed at simplification, transparency, and informed de...

June 12, 2024 783 Views 0 comment Print


Monitoring Requirements for Insurers’ Investments in AIF

June 28, 2023 729 Views 0 comment Print

IRDAI has issued a circular outlining monitoring requirements for insurers’ investments in Alternative Investment Funds (AIF). Insurers are required to adhere to certain guidelines including quarterly declaration of AIF Net Asset Values (NAVs), approval for rollovers, and submission of quarterly returns.

IRDAI Directs Life Insurers to Comply with Surrogacy and ART Acts for Insurance Coverage

June 26, 2023 672 Views 0 comment Print

IRDAI has issued a circular directing all life insurers to comply with Surrogacy Act, 2021, and ART Act, 2021. Circular emphasizes the need for suitable insurance products that provide coverage for medical expenses and specified loss or damage incurred during the processes of surrogacy and oocyte retrieval.

IRDAI Expands ‘Use and File’ Procedure for Life Insurance Products

June 20, 2023 945 Views 0 comment Print

IRDAI has issued a circular, expanding the scope of Use and File procedure for life insurance products. This article provides an analysis of the modifications made in the circular and their implications for the insurance industry.

All about Term Insurance

June 15, 2023 1497 Views 0 comment Print

In a world where your financial security matters, imagine having a product that can provide for your loved ones even when you’re no longer around. That’s where term insurance comes into play. It acts as a financial replica of yourself, ensuring that your family is protected in the event of your passing.

Revamping Insurance Regulations: IRDAI Repeals Redundant Circulars

June 14, 2023 1566 Views 0 comment Print

Stay updated with IRDAI’s latest regulatory overhaul as they repeal various redundant circulars to enhance clarity and reduce compliance complexity for insurance intermediaries and insurers

IRDAI Guidelines for Reporting Cyber Security Incidents by Regulated Entities

June 13, 2023 1119 Views 0 comment Print

Understand latest directive from IRDAI regarding prompt and accurate reporting of cyber security incidents by regulated entities in insurance sector.

The role of insurance companies in personal injury claims: A statistical analysis of settlement amounts and outcomes 

June 13, 2023 465 Views 0 comment Print

If you got injured in a car accident, you might be thinking of filing a personal injury claim to seek compensation for your economic and noneconomic damages. One of the major components of personal injury claims is dealing with insurance companies, who will try their best to minimize their payout.

IRDAI transfers business of Sahara India Life Insurance to SBI Life Insurance

June 2, 2023 648 Views 0 comment Print

IRDAI has issued an order on June 2, 2023, to transfer the life insurance business of Sahara India Life Insurance Co. Ltd. (SILIC) to SBI Life Insurance Co. Ltd. This decision was made due to concerns regarding SILIC’s governance system and its impact on policyholders and the insurance sector. SILIC had been non-compliant with previous […]

IRDAI cautioned Acko Insurance to Comply advertisement guideline

May 22, 2023 843 Views 0 comment Print

Insurer is cautioned to exercise care and diligence in releasing advertisements and not to quote features/benefits that are applicable under extreme/exceptional scenarios. Insurer is further directed to strictly comply in letter and spirit with the relevant IRDAI (Insurance Advertisements and Disclosure) Regulations

Prominent Investment Avenues that cannot be ignored !

May 20, 2023 888 Views 0 comment Print

Explore often overlooked but crucial investment avenues for financial planning, including NPS, fixed-income options, and the importance of term insurance for a secure future.

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031