by AIP Online Bureau | Aug 31, 2022 | Health, Indian News, Non-Life, Pandemic, Policy, Regulation, Technology
Debasish Panda, Chairman, IRDAI Health insurance sector has the potential to grow at a CAGR of 30-35 per cent with 3 A’s – Awareness, Accessibility and Affordability IRDAI has come up with BIMA SUGAM- an all in one insurance platform, where one can sell all...
by AIP Online Bureau | Jun 26, 2022 | Indian News, Life, Non-Life, Regulation
Debasish Panda, Chairman, IRDAI The insurers will also discuss with the IRDAI on changing the regulations relating to expenses of the management, commission structure to the intermediaries, offering discount on premium to direct policyholders and the norms relating to...
by AIP Online Bureau | Jun 23, 2022 | Indian News, Life, Non-Life, Regulation, Technology
“Here we now realise that this has to be a continuous process, the period for which they are allowed to test such products in the market is only limited to six months. We are now proposing to expand that period to even up to three years, particularly for life...
by AIP Online Bureau | Jun 23, 2022 | Indian News, Life, Non-Life, Policy, Regulation, Risk Management
Debasish Panda,chairman,Irdai ”Currently, we have traditional method of supervision and we have very recently started embarking on a project of moving towards a risk based supervision which will be enabled by technology. In another word, you can call it...
by AIP Online Bureau | May 30, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance
`Debasish Panda, chiarman, IRDAI The industry has now 56 primary players and 12 foreign reinsurers “We would like to have many more players including micro insurers, insurtechs, niche and differentiated players who can operate with a much smaller capital and...
