IRDAI chairman Ajay Seth defined 'Insurance for All' as available, accessible, and affordable products. He stressed the need for full trans...

The 2023 World Championship of League of Legends esports is taking place in South Korea. Team BDS secured their spot through the Qualifying...

Hopeful for an economic revival with the falling cases of coronavirus in the country and that people are getting vaccinated, he said huge o...

“Properties of such policyholders shall be deemed to be covered subject to the policy being in force,” it said.

The association has appealed for the intervention of Irdai in advising insurance companies to desist from cancelling policy contracts on th...

On the growth and contribution of insurance broking, Vijayan said of insurance broking sector contributed around Rs 30,000 crore to Rs 1.28...

The ratio represents the number of claims settled during a period out of the total claims intimated and is an important indicator of custom...

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"A sub-committee will decide on the quantum of cap on commission, though this and other remunerations for insurance brokers cannot be remov...

IBAI had argued that brokers can be categorised under policy holders' representatives since they render professional services to customers....

The committee, which has already met two times in past, is examining if there could be some kind of parity in commission structure for thos...

The Suresh Mathur Committee was formed in January 2014 on the basis of the report submitted by FSLRC, headed by retired judge N Srikrishna.

The non life insurance industry wants the newly formed declined risk pool to be dismantled, said senior Irda official.

Irda is open to the idea of dismantling the declined risk pool for third-party motor cover, as demanded by general insurance companies.

"Draft guidelines on portability of health insurance policies will be issued by February-end," IRDA Chairman J Hari Narayan told reporters.

The "breakneck speed" of growth which the Insurance sector witnessed post 2002 is over and the sector is expected to witness "respectable a...