by AIP Online Bureau | Jan 25, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation, Risk Management
The mission of achieving maximum insurance inclusion received further impetus through deliberations on the progress of the industry under the State Insurance Plan, said the IRDAI on Thursday The broader discussions ventured into crucial areas, such as availability of...
by AIP Online Bureau | Jan 25, 2024 | Intermediaries, International News, Technology
“Over the last year we have been evaluating various businesses and programmes, and as a part of that we’ve made the difficult decision to discontinue the Amazon Insurance Store,” Amazon said in a media statement, adding that customers who bought policies...
by AIP Online Bureau | Jan 25, 2024 | Indian News, Non-Life, Regulation
Accordingly, the IRDAI, in a recent circular, has asked the general insurers to state in the policy documents for commercial lines of business that “The parties to the contract may mutually agree and enter into a separate Arbitration Agreement to settle any and all...
by AIP Online Bureau | Jan 24, 2024 | Health, Indian News, Non-Life
(L to R) Segar Sampathkumar, Director, Health, General Insurance Council, Tapan Singhel, MD and CEO of Bajaj Allianz General Insurance and Neerja Kapur, CMD, New India Assurance at an event in Mumbai in Wednesday for launching “Cashless Everywhere” initiative Under...
by AIP Online Bureau | Jan 24, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management
The regulator carried out a detailed probe after receiving a voluntary safety report from an airline employee alleging safety violations of flights operated by Air India on certain long range terrain critical routes, according to a release on Wednesday New Delhi:...