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IRDAI PUBLIC INSURANCE REGISTRY
Whose bill is it when the fire spares the house but poisons the air? California just made that callCalifornia wildfire survivors gain new protections with the Smoke Damage Recovery Act. This legislation establishes the nation's first scie...
Judge vs Judge: SC's Justice Sandeep Mehta writes fresh letter to CJI against Rajasthan HC judgeSupreme Court Justice Sandeep Mehta has sent a fourth letter to the Chief Justice of India. He accuses Justice Sanjeev Prakash Sharma of in...
NSE IPO set to deliver massive gains of Rs 7,200 crore to state-run insurance firmsGeneral Insurance Corp, National Insurance, New India, Oriental Insurance and United India were among the earliest investors in the exchang...
Public Insurance Registry: From tracking policies to improving claim processing, how PIR could benefit policyholdersIndia's Insurance Regulatory and Development Authority of India (IRDAI) has introduced a groundbreaking Public Insurance Registry aimed at ...
Over 54,000 names removed from Sikkim electoral rolls after SIR exerciseSikkim's electoral roll saw 54,209 names removed after a special revision. The final list now contains 418,467 registered voters for future...
Global hotel chains step up India presence as luxury demand risesMultiple global hotel chains are gearing up to establish their presence in India, while current hospitality brands are rolling out new luxu...
Curb misselling, not agents: Insurance reform needs a scalpel, not a hammerIndian insurance regulators are rethinking intermediary payment structures to reduce misselling. Proposed reforms aim to lower distribution...
AAF risk: Herbal remedies put India’s Asian Games athletes under the doping scannerElite Indian athletes face heightened doping checks from the Athletics Integrity Unit. Herbal supplements, widely used, pose a significant ...
Insurers plan floor for fire cover to avoid large burnsNon-life insurers are considering a minimum rate for fire insurance's natural catastrophe component. This move follows concerns about steep...
Finance Ministry asks state-owned general insurers to focus on profitable lines of businessPublic sector insurers must focus on profitable business lines and lower incurred claim ratios. Greater technology use and digitalisation a...
Won't chase top-line growth at any cost: SBI General CEO on fire insurance pricing warSBI General Insurance will not chase fire insurance business at unsustainable prices. The company aims to improve profitability and maintai...
IRDAI pitches public insurance registry to reshape industryIndia's insurance regulator is proposing a Public Insurance Registry for data sharing. This digital infrastructure will connect insurers, i...
InsuranceDekho, RenewBuy consolidate to create platform with Rs 6,600 crore premium bookThe merged business will operate under the InsuranceDekho brand and will be led by its founder and chief executive Ankit Agrawal. The found...
Companies Compliance Facilitation Scheme extended till September 15The Companies Compliance Facilitation Scheme has seen a two-week extension, allowing companies more time to fulfill their statutory filing ...
Health insurance during pregnancy: When unrelated illnesses can lead to claim rejectionWithout maternity cover, pregnancy-related complications aren’t covered, but disputes can arise over whether the exclusion extends to unrel...
Irdai opens NDB's Maharajah INR bonds to insurersIn a circular dated August 27, the regulator said that it had received representation from New Development Bank to permit Insurers to inves...
India’s Reinsurance: Hidden tax or treaty? Best way to expand tax base is to redraw map of where business is doneIndian insurers transfer risk to global reinsurers, impacting tax treaties. These international agreements often prevent India from taxing ...
Sebi drops proceedings against Max Financial, Axis Bank in Max Life deal caseSebi dropped proceedings against Max Financial and Axis entities. Allegations of disclosure lapses and fraud were not established by the re...
IRDAI bars Niva Bupa from opening new offices for six monthsNiva Bupa Health Insurance received an order from the regulator to halt new places of business. This action stems from failing to meet expe...
Niva Bupa, Acko General Insurance barred from opening places of biz for 6 monthsNiva Bupa's allowable expense for FY25 was Rs 2,403.75 crore, while its actual expenses stood at Rs 2,652.12 crore, exceeding the limit by ...