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Irdai prohibits insurers from marketing Ulips as investment products

Irdai News Update: prevent the mis-selling of life insurance policies as pure investment products, the Insurance Regulatory and Development Authority of India (Irdai) has prohibited...

Insurance Europe’s Reinsurance Advisory Board (RAB) proudly appointed Thierry Léger and John Neal as chairman and vice-chairman.

Thierry Léger and John Neal Appointed chair and vice-chair of Insurance Europe's Reinsurance Advisory Board SCOR CEO Thierry Léger and Lloyd’s CEO John Neal have...

Insurance association advocates for GST reduction on health policies

Insurance Association Urges GST Reduction on Health Policies: The Confederation of General Insurance Agents’ Associations of India, representing non-life insurance agents, has called on the...

InsuranceERM has transfered LGRA and RGA an award for innovative Pension Risk

InsuranceERM Awards LGRA and RGA Legal & General Retirement America (LGRA) and Reinsurance Group of America, Incorporated (NYSE:RGA) announced today the companies were recognized with the Pension Risk...

Edelweiss Tokio Life Insurance is now Edelweiss Life Insurance

Edelweiss Life Insurance: Rebranded Success Edelweiss Tokio Life Insurance has rebranded as Edelweiss Life Insurance to underline its focus on innovation, simplicity, and a new-age...

Zurich acquires 70% stake in Kotak General Insurance to establish a leading general insurer in India

Zurich Insurance Company Ltd. acquired Kotak General Insurance Zurich Insurance Company Ltd. ("Zurich") has completed the acquisition of a majority stake in Kotak Mahindra General...

AUB Group expands its UK presence through a partnership with an augmented reality group

AUB Group Expands UK Presence with Momentum Broker Solutions Partnership AUB Group has made significant strides in bolstering its footprint in the UK retail broking...

IRDAI permits policyholders to cancel their policies and receive refunds

IRDAI Permits Policyholders to Cancel Policies Anytime and Receive Refunds In a move to enhance flexibility and freedom for policyholders, the Insurance Regulatory and Development...

IRDAI: Retail insurance claims must be settled within 7 days of survey, no rejections for Missing Documents

IRDAI Guidelines for Insurers: 1.Timelines on Websites: Insurers must prominently display timelines for proposal form acceptance, policy issuance, endorsements, policy servicing, surveyor appointments, survey report...

Ashok Leyland introduces ‘Sarathi Suraksha Policy’, Comprehensive Insurance Policy for Drivers

Ashok Leyland Launches ‘Sarathi Suraksha Policy’ Ashok Leyland, the flagship company of the Hinduja Group and a prominent commercial vehicle manufacturer in India, has unveiled...

IRDAI’s proposal for increased surrender value may face strong opposition from life insurers once more

IRDAI: Insurers Resistant to Higher Surrender A day following the proposition by the Insurance Regulatory and Development Authority of India (IRDAI) to enhance surrender values...

Health insurance claim regulation: Cashless claims require clearance within 3 hours; insurers responsible for hospital charges due to discharge delays, states IRDAI

Health insurance claim regulation: Delays in processing health insurance claims by insurers or third-party administrators (TPAs) have frequently been a nightmare for patients and their...

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HBAR Foundation invests in Fidelity International’s USD Money Market Fund, tokenized by Archax

The HBAR Foundation today announces an investment in Archax's tokens representing Fidelity International's United States Dollar (USD) Money Market Fund (MMF) shares*. This investment follows the recent tokenization of...

Bybit FX Insight: Yen carry trade outlook for 2025 and the future of the popular funding currency

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released a new FX Insight report analyzing the evolving landscape of the Japanese yen...

Bank47 expands to Huntsville with a new brand and concierge banking

Bank47, formerly LifeSteps Bank and Trust, is proud to establish its headquarters in Huntsville, marking an exciting new chapter with a fresh brand and...

Gracie Point announces close of successful capital raise to fund continued expansion

Gracie Point Holdings, LLC ("Gracie Point"), a leading global provider of life insurance premium finance, announced today that it has closed on an equity...