The Indian insurance regulator has allowed Insurers an overall limit on expenses of management (EOM) by removing the individual cap…
Non-life insurance companies in India are linking the premium rates for fire insurance policies to the claims record, doubling the…
Public liability insurance provides cover for any personal injury or damage to the third party which can be attributed to…
A high-intensity earthquake measuring 7.8 on the Richter scale devastated parts of Turkey and Syria on 6th February 2023. More…
India’s Insurance regulator has instructed all general and health insurers to offer specialized cover for persons with disabilities (PWD), HIV/AIDS…
The Insurance Information Bureau (IIB) of IRDAI is preparing to go live with ‘Beema Satark’ a B2B platform, to alert…
Natural disasters, many driven by climate change, caused global economic losses of $313 bn in 2022, of which less than…
The property reinsurance pricing on loss free risk and CAT programmes in ASEAN and China varies from +15% to +20%…
The IRDAI has advised property insurers and reinsurers to stop including the burning costs rate as published by the Insurance…
December 17, 2022
According to new guidelines issued by IRDAI, corporate agents can now be associated with up to 27 insurers – nine…