Published in Livemint. MUMBAI : Industry body General Insurance Council (GIC) has provided much-needed relief to millions of businesses that were at risk of being stripped of property insurance because of the ongoing lockdown by relaxing the terms of a clause in the insurance contracts that the cover will be terminated if a property is […]
Articles Tagged: irdai
Why is the insurance Bill so important?
Published in Mint on Dec 16 2014 Last week, a select committee of the Rajya Sabha submitted its report on the Insurance Laws (Amendment) Bill, 2008, and the Cabinet approved it, incorporating the amendments suggested by the committee, for presenting the Bill in Rajya Sabha. It’s expected that the Bill will go through during the […]
Status quo: Sahara insurance gets one more week of life
Published in Mint on 1st August, 2017 The Insurance Regulatory and Development Authority of India (Irdai) had on 28 July ordered ICICI Prudential Life Insurance Co. Ltd to take over the life insurance business of Sahara India Life Insurance Co. Ltd, which was effectively wound up by the regulator in the past few months. The […]