Finance Minister Nirmala Sitharaman on Thursday asked the Insurance Regulatory and Development Authority to direct companies to prioritise authorisat
Thanks to the rap of the judiciary, mental patients can now hope to get their cost of treatment reimbursed.
Justice Prathiba M Singh said the Mental Healthcare Act of 2017 makes it clear that there can be no discrimination between mental and physical illnes
The compulsory nature of third party insurance is justifiable as it makes the process easier for the injured person to recover money from the insured/
The gross direct premium written by the non-life insurance companies witnessed a 5.2% increase in 2020-21 to Rs 1,98,734.68 crore, data from Irdai sho
IRDAI said the proposed guidelines set out the regulatory framework to promote sustainable and healthy development of trade credit insurance business
In October 2011, IRDAI allowed porting of health insurance policies. The porting rule allows a customer to shift his/her health insurance from one ins
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Insurers not to increase waiting period for policyholders; around 1.28 crore lives were covered by COVID-specific policies with a total premium of ove
Transparent functioning by companies backed by clarity in regulations will go a long way in smooth functioning of the sector and create greater awaren