by AIP Online Bureau | May 11, 2021 | Indian News, Non-Life, Regulation
Hyderabad: Regulator IRDAI has imposed a penalty of Rs 30 lakh on SBI General Insurance Company for its failure to comply with the third-party motor insurance regulations. The SBI General Insurance Company had failed to meet the minimum obligations under Motor...
by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, International News, Life
Beijing: China’s population growth has been slowing for decades as a combination of rising incomes and a restrictive one-child policy reduced births in the world’s most populous nation. The possibility of a declining population in coming years...
by AIP Online Bureau | May 10, 2021 | Indian News, Non-Life, Reinsurance
Hyderabad: A two year old Working Group constituted by the insurance regulator IRDAI under T. L. Alamelu, member(Non-life), IRDA has made various recommendations,including two new product structures for Title Insurance. The two new products which are suggested...
by AIP Online Bureau | May 10, 2021 | Health, Indian News, Non-Life
Mumbai: Led by state owned New India Assurance, the gross direct premium written by non-life insurance companies rose by over 22 per cent in April this year to Rs 17,309.54 crore, as per regulatory data. All the 33 insurance companies in the non-life segment...
by AIP Online Bureau | May 10, 2021 | Health, Indian News, Life, Non-Life, Pandemic, Regulation
Hyderabad: The insurance rgulator IRDAI has reminded the the insurers that they can't deny, including renewals carona specific covers to any customers, Suresh Mathur, executive director, IRDAI, has written a letter...
