Flight AI 2379, an Airbus A320 carrying 134 passengers, was...
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SC says catastrophically injured child loses childhood, dignity and future, enhances compensation
Recomputing the compensation under various heads, including future...
100 pc FDI can make insurance more cheaper: Sanjeev Mantri
Sanjeev Mantri,MD&CEO, ICICI Lombard General Insurance said...
7 killed in fire after explosion at EV charging point outside house in Indore
Police Commissioner Santosh Kumar Singh said a car was being charged outside the three-storey house.Cooking gas cylinders inside the house also exploded, which further intensified the fire, Indore:Seven persons were killed when a fire broke out after an explosion at...
MACT orders Bajaj Allianz General to pay Rs4.59 crore as compensation to parents of a 35-year-old Italian engineer
The court rejected the argument absolving the insurer(Bajaj Allianz General Insurance) of the truck of all liability on the basis of the driver not having a valid licence, as it noted no evidence to substantiate the claim had been placed on record. The insurance...
Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025:IRDAI makes transitional arrangements for issuing licenses to intermediaries
To facilitate a smooth transition to the new regime, an interim arrangement has been introduced applicable to insurance intermediaries granted fresh registration or renewal of Certificate of Registration during the period from 5 February 2026 to 30 June 2026.During...
Public Insurance Registry to modernise information architecture of insurance sector:Seth
Ajay Seth, chairman, IRDAI `By enabling standardised, consent-based access to structured insurance data, the Public Insurance Registry seeks to enhance transparency, strengthen consumer confidence, and support more effective regulatory oversight. This reform is...
Government to expand insurance coverage to 25,000 gram panchayats: Sitharaman
25,000 gram panchayats will be covered this time, with gram panchayat being at the focal centre and looking at coverage of insurance in and around that area," Finance Minister Nirmala Sitharaman said New Delhi:The central government is set to extend insurance coverage...
Support measures with insurance on anvil for exporters to deal with West Asia crisis
These measures may be announced in areas such as insurance.The joint attack launched by the US and Israel last month on Iran has led to severe disruptions in the movement of ships and planes in West Asia. It has led to spike in oil prices, which has pushed sea, and...
IRDAI reconstitutes Insurance Advisory Committee
The IAC advises the Irdai on framing regulations, protecting policyholder interests, and fostering the orderly growth of the insurance sector. Comprised of industry experts, it reviews policies, ensures regulatory efficiency, and recommends measures to improve market...
Non-scheduled, general aviation players’ 176 planes do not have cockpit, flight data recorders: Govt
Minister of State for Civil Aviation Murlidhar Mohol said that a total 2,263 aircraft were registered and issued certificates of airworthiness (C of A) before January 1, 2016. New Delhi: As many as 176 planes operated by non-scheduled and general aviation operators do...
Seth to take stock of Bima Sugam with insurers on Tuesday, to discuss launch of standard Health & Motor covers on e-platform
Ajay Seth,chairman, IRDAI ``We are having a virtual conference with insurers and officials of Bima Sugam Federation,wherein details of a standard motor and standard medical policy sold over the platform would be discussed,’’ said the IRDAI sources IRDAI chairman Ajay...
Cabinet Secretariat asks secys to submit notes on major proposed reforms
The government has undertaken a series of measures to boost the country's economic growth and promote ease of living for citizens.Ministries and departments have to submit those notes by March 17 to the secretariat New Delhi,:The Cabinet Secretariat has asked...