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insurance sector

Latest Articles


Insurance Marketing Firm Registration for Pvt Ltd Companies: Process & Benefits

Corporate Law : Learn about IMF Registration for private limited companies, its process, requirements, and benefits. Expand into insurance marketi...

March 4, 2025 345 Views 0 comment Print

How to Apply for a Surveyor and Loss Assessor License in India?

Corporate Law : Learn how to apply for a Surveyor & Loss Assessor License in India. Check eligibility, required documents, fees, and IRDAI exam de...

February 5, 2025 336 Views 0 comment Print

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

Finance : When it comes to insurance policies for your family’s finances, choosing the right term insurance is very essential. Although, t...

December 11, 2024 1092 Views 0 comment Print

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

Corporate Law : IRDAI’s 2024 regulations simplify processes for registration, share transfers, and mergers of Indian insurance companies, aiming...

December 8, 2024 423 Views 0 comment Print

Tax Benefits of Term Insurance Plans: A Complete Guide for FY 2024-25

Finance : A term insurance plan is considered a valuable asset in an individual's financial planning. It not only provides security to your ...

November 16, 2024 1437 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 282 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 240 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 348 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 708 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 165 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 1065 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 660 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 780 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 3873 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 1323 Views 0 comment Print


Latest Notifications


IRDAI Issues Guidelines on Hedging via Equity Derivatives

Corporate Law : IRDAI allows insurers to hedge equity risks using derivatives. The guidelines specify permitted instruments, risk management, and ...

March 2, 2025 393 Views 0 comment Print

IRDAI Sets 4% Reinsurance Cession for 2025-26

Corporate Law : IRDAI mandates a 4% obligatory cession to GIC Re for 2025-26, excluding terrorism and nuclear risks. Learn about commission rates ...

March 2, 2025 138 Views 0 comment Print

IRDAI Fines UIB Insurance Brokers ₹1 Crore for Premium Remittance Delay

Corporate Law : IRDAI penalizes UIB Insurance Brokers ₹1 crore for delayed premium remittances. The company must review pending transactions and...

February 19, 2025 117 Views 0 comment Print

One-Time UPI Mandate for Premium Blocking: Bima-ASBA for Life & Health Insurance

Corporate Law : IRDAI introduces Bima-ASBA via UPI for secure insurance premium payments. Funds blocked until proposal acceptance. Effective from ...

February 18, 2025 258 Views 0 comment Print

IRDAI Limits Health Insurance Premium Rate Hike for senior citizens

Corporate Law : IRDAI caps annual premium hike for senior citizens' health insurance at 10%, mandates prior consultation for higher revisions, and...

January 30, 2025 495 Views 0 comment Print


Taxation of ULIP and LIC- Part II

April 9, 2024 2136 Views 1 comment Print

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

CGEGIS-1980 Table of Benefits for savings fund – 01.01.2024 to 31.03.2024

April 9, 2024 12129 Views 0 comment Print

Get the latest Table of Benefits for the savings fund under Central Government Employees Group Insurance Scheme-1980 from January to March 2024. Download now.

Taxation of ULIP and LIC – Part I

April 7, 2024 24333 Views 6 comments Print

Through a comprehensive exploration of ULIP & LIC taxation under the Income Tax Act, readers will gain valuable insights into optimizing their investments while ensuring compliance with tax regulations.

Servicing to Policyholders: Special Measure for Financial Year 2023-24

March 28, 2024 576 Views 0 comment Print

Read about IRDAIs directive for insurers to extend services to policyholders in the current financial year 2023-24. Details on the special measures and implications.

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

March 24, 2024 915 Views 0 comment Print

Discover how IRDAI’s recent regulatory overhaul aims to foster innovation, competition, and sustainable growth while protecting policyholders’ interests in the insurance industry.

IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Insurers) Regulations, 2024

March 20, 2024 1869 Views 0 comment Print

Explore the Insurance Regulatory and Development Authority of Indias latest regulations on registration, capital structure, share transfers, and insurer amalgamation in 2024.

IRDAI (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024

March 20, 2024 3555 Views 0 comment Print

Explore the latest IRDAI regulations of 2024 focusing on policyholder interests, operations, and insurer conduct. Understand the implications and how they safeguard policyholders rights.

IRDAI (Corporate Governance for Insurers) Regulations, 2024

March 20, 2024 1584 Views 0 comment Print

Explore the latest Insurance Regulatory and Development Authority of India (IRDAI) regulations on corporate governance for insurers in 2024.

IRDAI (Bima Sugam Insurance – Electronic Marketplace) Regulations, 2024

March 20, 2024 936 Views 0 comment Print

Explore the latest Insurance Regulatory and Development Authority of India (IRDAI) notification on Bima Sugam – Insurance Electronic Marketplace Regulations 2024. Learn about objectives, definitions, establishment, governance, functions, and more.

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

March 20, 2024 1389 Views 0 comment Print

Stay informed about the latest Insurance Regulatory and Development Authority of India (IRDAI) regulations for rural, social sector, and motor insurance obligations effective from April 1, 2024.

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