IBAI asked the government not to notify the regulations until an impact assessment is published. It also asked that the existing expense of management (EoM) framework continue until its scheduled review in 2028.
Hospital Bill may no longer be fully covered as insurers weigh a compulsory 10% co-pay from 2027. Here’s what the proposed change could mean for health insurance customers.
Car insurance protects you against unexpected losses, but that protection ends when the policy lapses. Here’s what happens when your car insurance renewal is delayed, even by a single day.
BMW fire claim dispute ended with the commission ruling in favour of the policyholder. The insurer has been directed to pay ₹70.75 lakh after its rejection was challenged.
Health insurance policyholders may soon bear 10% of hospital bills, as regulators consider a new cost-sharing approach aimed at controlling healthcare and insurance costs.
IRDAI wants premiums, reinsurance and claim payments to move directly between stakeholders, cutting out unnecessary middlemen and streamlining the insurance ecosystem.
Sidharatha Mishra will take charge of ICICI Life following Anup Bagchi’s move to HDFC Bank. Mishra’s appointment comes as ICICI Life prepares for a change in leadership.
Gopal Snacks has secured final insurer approval for a ₹36.40 crore claim following the Rajkot fire. The approval marks a key step toward recovering losses from the incident.
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