Business
THE INSURANCE TIMES
Epigenetic Clocks as Predictors of Mortality: A New Tool for Life Insurance Risk Stratification
Numerous cohort studies have validated the utility of epigenetic clocks in predicting all-cause mortality. For instance, accelerated epigenetic aging, where biological age exceeds chronological age, has been consistently associated with increased mortality risk (Marioni et al., 2015).
5 min |
November 2025
THE INSURANCE TIMES
Life Insurance News
Life insurers cut distributor commissions to pass on GST relief to customers
7 min |
November 2025
THE INSURANCE TIMES
Insurance Regulator Update
Irdai's Deepak Sood calls for new distribution model to expand rural insurance reach
2 min |
November 2025
THE INSURANCE TIMES
Evaluating the Impact of the New Tax Regime on Motor Accident Compensation Awards
In India, compensation awarded under the Motor Vehicles Act majorly depends upon the income of the deceased (claimant- in case of injury), age and dependency. Since the compensation is calculated based on loss of income after the accident, it increases as the income rises.
4 min |
November 2025
THE INSURANCE TIMES
A Comprehensive Risk Management Framework for the Insurance Industry
In the insurance industry, risk is not merely a challenge to overcome; it is the very commodity we trade. Therefore, a robust and sophisticated risk management framework is not just a matter of good governance but a core strategic imperative. It is the bedrock upon which an insurer builds its solvency, ensures compliance with a complex regulatory landscape, and ultimately achieves sustainable, long-term growth.
10+ min |
November 2025
THE INSURANCE TIMES
"The overall industry seems to have understood the need to change the attitude from selling what it has to what the customer needs. This realization has led to the development of add-ons and modular products which are quite flexible in nature."
About Mr. Lahiri - Mr. Samiran Lahiri is widely regarded as one of India's most accomplished insurance professionals and consultants, known for his strategic insight, deep technical acumen, and exemplary leadership across diverse domains of the insurance and financial services industry.
10+ min |
November 2025
THE INSURANCE TIMES
Parametric Insurance - A Disruptive Model for Climate and Catastrophe Risk Management
Executive Summary - Traditional indemnity-based insurance models have long faced challenges in addressing the growing frequency and severity of natural disasters.
5 min |
November 2025
THE INSURANCE TIMES
Safety Perspectives - The Greatest Happiness of Greatest Number
The salvage dealer has many things to pay for, many expenses such as transportation, electricity, rent, employee salaries, machinery, and more. Hence, the salvage dealer would certainly offer a daily prayer: 'Dear God, please bless me with at least 50 salvage cases today and every day'. He wants 50 accident cases every day! There is no harm in his prayer. It is perfectly logical on his part to pray.
7 min |
November 2025
THE INSURANCE TIMES
Do's and Don'ts While Buying a Term Insurance Policy
Do’s (Things You Must Do)
4 min |
November 2025
THE INSURANCE TIMES
Newton's Law - Another interpretation of Proximate Cause
The fire policy we know doesn't cover any loss or damage occasioned by, through, or in consequence of, directly or indirectly, an earthquake, volcanic eruption, or other convulsions of nature. An earthquake is an excluded peril, but loss by theft is an uninsured peril( other than as provided in the RSMDT clause).
7 min |
November 2025
THE INSURANCE TIMES
IRDAI Corner
Cessation of the practice of allowing additional line of business/department to surveyor and loss assessors based on categorization letter issued in 2001-02
4 min |
November 2025
THE INSURANCE TIMES
New Product Launches
Generali Central Life launches ULIP-Term hybrid plan to drive financial growth
2 min |
November 2025
THE INSURANCE TIMES
29th FAIR Conference 2025 - Emerging Markets Towards Resilient Growth
Hosted by GIC Re, Mumbai | 5-8 October 2025
4 min |
November 2025
THE INSURANCE TIMES
Insurance Caselaws
The Supreme Court denies LIC's request to absorb 11,000 part-time employees, citing \"backdoor entries as an anachronism to public service.\"
6 min |
November 2025
THE INSURANCE TIMES
Legal Briefs
Tribunal cuts payout to cabbie's kin by 40%
2 min |
November 2025
THE INSURANCE TIMES
International News
US government shutdown triggers concerns over insurance stability
4 min |
November 2025
THE INSURANCE TIMES
Health Insurance News
SBI General Insurance launches 'Health Alpha' with flexible coverage options
4 min |
November 2025
THE INSURANCE TIMES
General Insurance News
SBI General Insurance posts 10.7% growth in H1 FY26, ahead of industry pace
9 min |
November 2025
THE INSURANCE TIMES
GST 2.0 Reforms: What They Mean for the Life Insurance Industry and Consumers
The Indian insurance industry has long been advocating for rationalisation of Goods and Services Tax (GST) on life and health insurance products. With the rollout of GST 2.0 reforms, expectations are high that the sector will finally receive much-needed relief and structural clarity. The reforms aim to simplify compliance, widen the tax base, and rationalise rates—moves that could significantly alter how insurers price products and how consumers perceive insurance as a financial tool.
3 min |
October 2025
THE INSURANCE TIMES
Building a Risk-Aware Culture at AIG Post-2008 Crisis
What is Risk Culture?
6 min |
October 2025
THE INSURANCE TIMES
Unrealised Potential: Rural Insurance in India
Rural insurance penetration remains low due to several factors. Products typically cater to urban areas, but prices often fail to account for irregular income cycles, and distribution channels lack local trust and durability.
4 min |
October 2025
THE INSURANCE TIMES
World's First Insurance Salvage Patent: Transforming Accident Recovery into Safety Innovation
The patent's implementation is projected to save lives through prevention of untimely deaths and disabilities. By ensuring transparent disclosure of accident history and repair quality, the system reduces the likelihood of compromised vehicles causing subsequent accidents.
6 min |
October 2025
THE INSURANCE TIMES
Redressal of grievances under the Liability Insurance : An overview
As public liability insurance became integral to modern business risk management, the expectation was that insurers would offer not only financial protection but also prompt and fair resolution in times of distress. However, the ground reality often paints a different picture. Despite purchasing policies with the intent of securing peace of mind, many policyholders-particularly small businesses- experience frustration and uncertainty when filing claims.
10+ min |
October 2025
THE INSURANCE TIMES
Bridging the Trust Gap: Why Insurers Need an Internal Ombudsman
The Reserve Bank of India (RBI) has already introduced an Internal Ombudsman Scheme for banks, requiring all banks to designate an independent officer to address escalated consumer complaints. If appropriate, insurance regulators may implement a similar model for the sector.
8 min |
October 2025
THE INSURANCE TIMES
29th FAIR Conference 2025 to be Hosted by GIC Re in Mumbai Media Partner: The Insurance Times
The insurance and reinsurance fraternity will gather in Mumbai from 5th to 8th October 2025 for the 29th FAIR (Federation of Afro-Asian Insurers and Reinsurers) Conference, hosted by GIC Re. Themed \"Emerging Markets Towards Resilient Growth\", this year's edition will focus on strengthening cooperation, resilience, and innovation across Afro-Asian markets.
1 min |
October 2025
THE INSURANCE TIMES
Do's and Don'ts for Purchasing Marine Cargo Insurance in India
Do’s (Things You Must Do)
3 min |
October 2025
THE INSURANCE TIMES
Insurance Regulator Update
Ajay Seth takes charge as IRDAI chairman amid key sector reforms
4 min |
October 2025
THE INSURANCE TIMES
Legal Briefs
Insurer to pay crash victim's kin Rs. 2.5 crore
2 min |
October 2025
THE INSURANCE TIMES
The Dilemma of Proximate Cause in view of the varying interpretations
There are several ways the word Proxima Cause is interpreted in the absence of a precise legal definition. It is referred to as the nearest, immediate, dominant, effective, efficient, or operative cause of loss. In reality, it is the most effective and efficient cause of loss. Effective because it is the most potent and active cause in producing the intended result, and efficient because of its yield orientation.
9 min |
October 2025
THE INSURANCE TIMES
IRDAI Corner
IRDAI Order No. 99-Final Decision in compliance with Madras HC order in WPs 6484 and 6492 of 2021
7 min |