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insurance sector

Latest Articles


Best Term Insurance Plans in India for a Secure Future

Finance : A term insurance plan secures your family's future during unforeseen events. Explore the best term insurance plans in India and th...

April 13, 2025 7488 Views 0 comment Print

How Group Travel Insurance Works and Why It Matters

Finance : Learn how group travel insurance protects against trip cancellations, medical emergencies, and lost luggage. Find out why it’s e...

March 26, 2025 411 Views 0 comment Print

Top Mistakes to Avoid When Buying Life Insurance

Finance : Life insurance is among the most valuable money assets you own. It will cover your loved ones with financial protection if somethi...

March 19, 2025 450 Views 1 comment Print

Top Term Insurance Plans That Offer Maximum Coverage at Most Affordable Premium Rates

Finance : Term insurance is one of the most cost-effective ways to ensure financial protection for your loved ones. With a variety of option...

March 13, 2025 5949 Views 0 comment Print

Health Insurance Room Rent Limits: How They Impact Your Coverage and Costs

Finance : Health insurance is an essential financial safeguard that covers medical expenses during emergencies and planned treatments. Howev...

March 13, 2025 951 Views 0 comment Print


Latest News


IRDAI Allows Insurers to Hedge Equities With Derivatives

Corporate Law : IRDAI permits insurers to use equity derivatives for hedging, aiming to reduce portfolio risks amid market volatility. Strict comp...

March 2, 2025 423 Views 0 comment Print

Reduction of Entry Age and Increase in Premium Amount in LIC

Corporate Law : LIC adjusts entry age, minimum sum assured, and agent commissions. Government provides insights on these changes, addressing conce...

December 11, 2024 258 Views 0 comment Print

Reasons for High Health Insurance Premiums in India

Corporate Law : Govt. responds to concerns over high health insurance premiums, citing actuarial principles and IRDAI regulations to ensure fair p...

December 6, 2024 369 Views 0 comment Print

IRDA (Insurance Advisory Committee) (Amendment) Regulations, 2024

Corporate Law : IRDAI revises regulations for the Insurance Advisory Committee, enhancing meeting flexibility and clarifying advisory roles. Publi...

November 8, 2024 744 Views 0 comment Print

Draft IRDA (Re-Insurance Advisory Committee) (Amendment) Regulations, 2024

Corporate Law : IRDAI proposes updates to re-insurance committee regulations, introducing flexibility in meetings and member resignation or remova...

November 8, 2024 180 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 1125 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 705 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 828 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 3948 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 1356 Views 0 comment Print


Latest Notifications


IRDAI Warns Heritage TPA for Claim Handling Issues

Corporate Law : IRDAI warns Heritage Health Insurance TPA for closing claims and issuing repudiations directly, violating regulations. Action repo...

April 15, 2025 363 Views 0 comment Print

IRDAI Issues Warning to Heritage Health TPA Pvt. Ltd.

Corporate Law : IRDAI warns Heritage Health TPA for non-compliance in claims handling. Advisory issued to follow regulations in health insurance c...

April 12, 2025 2898 Views 4 comments Print

IRDAI Penalizes Flipkart for Regulatory Violations

Corporate Law : IRDAI fines Flipkart ₹1.06 crore for insurance regulation breaches, including ISNP misuse and operating without valid registrati...

April 9, 2025 207 Views 0 comment Print

IRDAI Cyber Incident Preparedness Guidelines for Regulated Entities

Corporate Law : IRDAI mandates strict adherence to cyber security guidelines, including incident reporting, forensic audits, and compliance measur...

March 24, 2025 390 Views 0 comment Print

IRDAI Appoints New Members to Insurance Advisory Committee

Corporate Law : IRDAI reconstitutes its Insurance Advisory Committee, appointing five new members. The notification takes effect from its publicat...

March 13, 2025 114 Views 0 comment Print


IRDAI penalises Royal Sundaram for Regulatory Violations

January 23, 2025 234 Views 0 comment Print

IRDAI issues penalties and warnings to Royal Sundaram General Insurance for violations in claims processing and outsourcing regulations. Action report mandated.

IRDAI (Insurance Advisory Committee) (Amendment) Regulations, 2025

January 1, 2025 435 Views 0 comment Print

IRDAI amends Insurance Advisory Committee Regulations 2000, enhancing clarity in functions. Changes include meeting guidelines, member resignation, and removal rules.

IRDAI (Meetings) (Amendment) Regulations, 2025

January 1, 2025 384 Views 0 comment Print

IRDAI updates meeting regulations, including frequency, notice period, and agenda circulation. Chairperson’s role clarified for emergent and regular meetings.

IRDAI (Regulatory Sandbox) Regulations, 2025

January 1, 2025 615 Views 0 comment Print

Learn about IRDAI’s Regulatory Sandbox Regulations 2025, enabling innovation in the insurance sector with guidelines on experimentation, permissions, and compliance.

IRDAI (Maintenance of Information by Regulated Entities and Sharing of Information by Authority), Regulations 2025

January 1, 2025 1818 Views 0 comment Print

IRDAI introduces 2025 regulations for insurers’ data maintenance, governance, and confidential information sharing under the Insurance Act. Learn about key provisions.

IRDAI (Re-insurance Advisory Committee) (Amendment) Regulations, 2025

January 1, 2025 450 Views 0 comment Print

IRDAI amends Re-insurance Advisory Committee regulations to enhance efficiency. Updates include member removal criteria and meeting guidelines.

Reduction of Entry Age and Increase in Premium Amount in LIC

December 11, 2024 258 Views 0 comment Print

LIC adjusts entry age, minimum sum assured, and agent commissions. Government provides insights on these changes, addressing concerns over affordability and agent welfare.

A Comprehensive Guide to Best Term Insurance Plans for ₹2 Crore Coverage

December 11, 2024 1122 Views 0 comment Print

When it comes to insurance policies for your family’s finances, choosing the right term insurance is very essential. Although, today, there are many substitutes available in the Indian market, perhaps, you would be confused as to which is the most suitable for you. Which plan has the best set of benefits for ₹2 crore coverage and/or addition features for ₹2 crore coverage?

Overview of IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Indian Insurance Companies) Regulations (2024): Critical Analysis

December 8, 2024 525 Views 0 comment Print

IRDAI’s 2024 regulations simplify processes for registration, share transfers, and mergers of Indian insurance companies, aiming to boost industry growth.

Reasons for High Health Insurance Premiums in India

December 6, 2024 369 Views 0 comment Print

Govt. responds to concerns over high health insurance premiums, citing actuarial principles and IRDAI regulations to ensure fair pricing for policyholders.

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