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Insurance Regulatory Authority Of India

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Air India crash creates rare insurance dilemma: Nominees also among dead

The devastating Air India 171 plane crash, which claimed 241 lives on board and 29 on the ground, has created an unforeseen challenge for insurance companies to settle some claims where even the......

AI crash: Victims' kin file claims under multiple insurance categories

From hotel booking cancellations to loss of baggage, and from accidental death coverage to trip plan withdrawals, insurance companies have received a range of claims from the kin of the Ahmedabad......

'This Shock May Trigger Suicides'

'Marathwada is the suicide capital of Maharashtra.''To stop such man-made disasters, the government should immediately come up with a rightful package, not this charitable approach to......

IRDAI removes age limits on health insurance, huge relief for seniors

The Insurance Regulatory and Development Authority of India has removed the age cap on buying health insurance policies, effective from April 1, 2024. Image used for representational purpose only.......

'GST 2.0 Boost For Insurance Industry'

'It will support our growth aspirations. It's very positive as it helps expand the market in a segment that really needs it.' Illustration: Dominic Xavier/Rediff Shriram Life Insurance, promoted......

M&M, Manulife to form life insurance JV with 7,200 crore investment

Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a......

'Insurance Sector Is At An Unstable Equilibrium'

'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.' Kindly note that this illustration generated using Microsoft Copilot has only......

Insurance staff oppose pvt sector entry in top PSU posts

The All India Insurance Employees’ Association has opposed the government directive seeking to open up top posts in the state-owned insurers to the private sector, saying this would lead to......

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'The government is putting insurance in the same category as food, which is essential for life.''Now this is an opportunity for the sector to focus on the consumer.' Photograph: Kind courtesy LIC......

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