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IRDAI’s mandatory online Reinsurance Exchange begins on Apr1, to include brokers, offline payment

IRDAI’s mandatory online Reinsurance Exchange begins on Apr1, to include brokers, offline payment

by AIP Online Bureau | Jan 25, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance, Technology

This innovative system, with a view to transforming India’s reinsurance landscape, brings together all key stakeholders (Cedants(insurers) , Intermediaries and Reinsurers) onto a single, unified platform that transforms how reinsurance transactions totalling Rs 1.14...
Zero GST on Retail Health Cover: Brokers ask insurers not to reduce their commission

Zero GST on Retail Health Cover: Brokers ask insurers not to reduce their commission

by AIP Online Bureau | Oct 13, 2025 | Health, Indian News, Intermediaries, Policy

(Lto R)- Narendra Kumar Bharindwal, President, IBAI, met with Tapan Singhel, chairman, General Insurance Council on Monday The Insurance Brokers Association of India( IBAI) wants an industry-wide dialogue on the transfer of GST burden to intermediaries to maintain...
General insurers’ body asks AHPI to withdraw its warning against Star Health and ensure uninterrupted cashless services

General insurers’ body asks AHPI to withdraw its warning against Star Health and ensure uninterrupted cashless services

by AIP Online Bureau | Sep 13, 2025 | Health, Indian News, Non-Life

AHPI has proceeded with its unilateral action, signalling a preference for disruption over collaboration to improve customer service and protect patient interests, alleged the GI Council Mumbai: General Insurance Council(GI Council), the official representative body...
General re/insurers to spend Rs 400 cr over next 3-4 yrs in nationwide awareness campaign, Life insurers to follow soon

General re/insurers to spend Rs 400 cr over next 3-4 yrs in nationwide awareness campaign, Life insurers to follow soon

by AIP Online Bureau | May 28, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

From L to R-Tapan Singhel, MD&CEO, Bajaj General Insurance, Mayank Bathwal, MD & CEO, Aditya Birla Health Insurance, Anuj Tyagi, MD & CEO, HDFC Ergo General Insurance at Shanai Ghosh, CEO & MD, Zuno General Insurance at at event in Mumbai to launch...
GI Council set to launch Motor Insurance reforms

GI Council set to launch Motor Insurance reforms

by AIP Online Bureau | May 7, 2025 | Indian News, Non-Life, Technology

Though the details of the Motor Insurance agenda is yet to be known, sources said like common empanelment of hospitals  and standard rates in the Health Insurance, there will be nationwide common empanelment of garages with standard rates. Mumbai:After undertaking the...
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