by AIP Online Bureau | Mar 29, 2019 | Indian News, Life, Non-Life, Regulation
Hyderabad: The insurance regulator IRDAI has finally approved a set of significant changes in the current regulations on product guidelines for linked and non-linked life insurance policies that would impact designing term, credit life and micro-insurance...
by AIP Online Bureau | Mar 29, 2019 | Indian News, Non-Life, Regulation
Hyderabad: With the enforcement of code of conducts, due to forthcoming general election, the insurance regulator IRDAI has deferred its annual revision of third party motor tariff, which is normally revised on Apr 1 of every year, for the time being. ...
by AIP Online Bureau | Mar 28, 2019 | Eco/Invest/Demography, International News
BOAO, China: China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector, Premier Li Keqiang said on Thursday.The government will also work on more favorable policies for foreign...
by AIP Online Bureau | Mar 28, 2019 | International News
TOKYO: Japan has extended state-backed insurance to cover imports of oil from Iran, potentially allowing the country’s refiners to continue loading crude cargoes from the Middle Eastern nation, a government official told Reuters on Thursday. The rollover...
by AIP Online Bureau | Mar 28, 2019 | International News, Reinsurance
London: Loyd's of London recorded a loss of 1 billion pounds in 2018 due to major natural catastrophes, it said on Wednesday. The 330-year old insurance market suffered a 2 billion pound loss in 2017. A string of natural catastrophes around the...
