Business
THE INSURANCE TIMES
New Product Launches
Comprehensive Coverage from Health to Home and Protection Plans
2 min |
September 2025
THE INSURANCE TIMES
IRDAI Corner
Development and implementation of Risk Based Capital (RBC) Framework for Indian Insurance Industry is one of the key initiative undertaken by IRDAI among various other initiatives to align the Indian Insurance Industry with global best practices.
2 min |
September 2025
THE INSURANCE TIMES
Smart Online Course Joins Hands with BFSI Sector Skill Council of India to Power the Future of Financial Skilling
Yuni Learning Solution Pvt. Ltd. (www.SmartOnlineCourse.com), the edtech arm of The Insurance Times, is proud to announce its official accreditation as a Training Partner of the BFSI Sector Skill Council of India (BFSI SSC) - an esteemed initiative under the National Skill Development Corporation (NSDC) and the Ministry of Skill Development & Entrepreneurship, Government of India.
1 min |
September 2025
THE INSURANCE TIMES
Nepal's Shift to Risk-Based Capital: Building a Resilient Future for Life Insurance
RBC is not just a compliance hurdle. Done right, it is Nepal's chance to align solvency with strategy, efficiency with resilience, and finally separate insurers that are merely surviving from those that are truly building for the future.
10+ min |
September 2025
THE INSURANCE TIMES
The Inference of Waiver in Different Insurance Policies
The stipulation clause 'No claim under this policy shall be payable unless the terms of this policy condition have been complied with' is sine qua non (an essential condition; a vital thing), and is often missed while processing a fire claim.
9 min |
September 2025
THE INSURANCE TIMES
International News
Munich Re, one of the world’s oldest and largest reinsurers, has raised alarms over the growing influence of hedge funds and private investors in the catastrophe insurance market.
3 min |
September 2025
THE INSURANCE TIMES
Do's and Don'ts for Purchasing a Fire Insurance Policy (Corporate Buyers)
Conduct a professional risk assessment of buildings, machinery, stock, and other assets.
1 min |
September 2025
THE INSURANCE TIMES
Health Insurance News
Rising cancer treatment costs are pushing Indian families into financial distress, with annual out-of-pocket expenses averaging Rs. 3.3 lakh, experts said at a Kolkata summit on cancer care affordability.
3 min |
September 2025
THE INSURANCE TIMES
Insurance Caselaws
For a deficiency in service, the Panipat District Commission holds HDFC Bank and Universal Sompo Insurance Co. liable for failure to disburse the amount required by the PM Fasal Bima Yojna.
6 min |
September 2025
THE INSURANCE TIMES
Legal Briefs
Ravindra Annappa Bindre paid Rs. 1,54,762 on October 19, 2015, for a Royal Enfield Thunderbird 350cc motorcycle manufactured by Eicher Motors.
5 min |
September 2025
THE INSURANCE TIMES
Insurance Regulator Update
The Insurance Regulatory and Development Authority of India (IRDAI) has levied a penalty of Rs. 3.39 crore on Star Health and Allied Insurance Company for violations related to information and cyber security protocols.
3 min |
September 2025
THE INSURANCE TIMES
Health Insurance
Feature Shopping in Health Insurance
3 min |
September 2025
THE INSURANCE TIMES
Why Insurance isn't Enough: How FinTechs Like Fibe are Bridging the Healthcare Financing Gap
India's health insurance market grew to Rs. 1.3 trillion in 2024 and is projected to reach Rs. 2 trillion by 2028, reflecting the country's socio-economic growth. Yet, many remain uninsured or underinsured, highlighting a critical gap. Premium costs have risen sharply.over the past decade, 52% of policyholders experienced a CAGR of 5-10%, with premiums doubling or tripling over ten years.
5 min |
September 2025
THE INSURANCE TIMES
Health Insurance & Marine Cargo Insurance
Mr. Ravindra Prabhakar Kumbhar was covered under a health insurance policy by United India Insurance Co. Ltd.
3 min |
September 2025
THE INSURANCE TIMES
Life Insurance News
Corporation of India (LIC) has invested Rs. 5,000 crore in State Bank of India's Rs. 25,000 crore Qualified Institutional Placement (QIP), raising its stake in the bank to 9.21%.
6 min |
September 2025
THE INSURANCE TIMES
BIMA TRINITY - An initiative for a fully insured India by 2047
The ejusdem generis rule states that the meaning of any general term depends upon the specific words that go before it. The ejusdem generis rule is a construction principle based on context. It provides that general words that follow particular words refer to things of the same kind’ (‘ejusdem generis’) as the particular words.
4 min |
September 2025
THE INSURANCE TIMES
Scavenging Losses or Salvaging Safety?
Insurers’ responsibility does not end with prompt and timely claim settlement. In fact, this is where it begins. For society's benefit as well as their own, the insurers must see the horizons that lay beyond claims - greatest safety of the greatest number of people.
7 min |
September 2025
THE INSURANCE TIMES
General Insurance News
Tesla's foray into the Indian market is set to transform the electric vehicle (EV) insurance landscape.
6 min |
September 2025
THE INSURANCE TIMES
General Insurance News
New India Assurance Faces Rs. 2,298 Crore GST Demand
7 min |
August 2025
THE INSURANCE TIMES
Insurance Caselaws
The legal requirement of proximate cause for accidental death insurance coverage; the Supreme Court rejects a claim for death caused by a sunstroke while performing election duties.
6 min |
August 2025
THE INSURANCE TIMES
The Development of the General Insurance Industry in India
The insurance sector in India is growing at a steady rate of 15-20% annually. Together with banking, insurance services add about 7% to the country's GDP.
7 min |
August 2025
THE INSURANCE TIMES
Axis Max Life's new app combines seamless policy management with wellness benefits like 24x7 health support, fitness tracking, and Al-powered assistance
This new app extends Axis Max Life's digital offerings, creating a one-stop experience that enhances customer convenience and engagement.
1 min |
August 2025
THE INSURANCE TIMES
Life Insurance News
LIC's Premium Collection Rises 3.31% in Q1FY26 to Rs. 59,410 Crore
4 min |
August 2025
THE INSURANCE TIMES
Sustainability Challenges Balancing Profit with Green Initiatives
This case study examines how a global manufacturing company faced significant sustainability challenges in balancing profitability with its commitment to green initiatives. Operating in an industry with high environmental impact, the company struggled to meet regulatory requirements, manage stakeholder expectations, and maintain profitability while transitioning to eco-friendly practices.
4 min |
August 2025
THE INSURANCE TIMES
A Safeage to India
This patent aims to make people voluntarily and positively commit themselves to practice safety. A small effort in aiding the dream of a safe society. A footnote to a footnote written here that pursues in its own small way the aim of Suraksha Bharat a reality.
4 min |
August 2025
THE INSURANCE TIMES
Unravelling the Implications of Estoppel and Waiver in Claims Settlement
The insured later opted for a robotic surgery. However, robotic surgery was not covered under the policy, and the insurer later denied the claim based on this policy exclusion. The insured or policyholder can invoke estoppel to prevent the denial of the claim based on the assurance given by the agent.
10+ min |
August 2025
THE INSURANCE TIMES
International News
Following the news that, on July 24, 2025, Angara Airlines Flight 2311, an Antonov An-24RV turboprop, crashed near Tynda in Amur Oblast in eastern Russia, resulting in the tragic loss of all 48 people on board—including 42 passengers and 6 crew.
4 min |
August 2025
THE INSURANCE TIMES
India's CamCom Technologies Announces Strategic Partnership with ERGO Group AG in landmark Global AI Deployment for Insurance Sector
In a major milestone for India's deep-tech ecosystem, CamCom Technologies, an award-winning, industry-agnostic computer vision company headquartered in Bengaluru, has entered into a strategic partnership with ERGO Group AG, one of Europe's leading insurance groups. Under this collaboration, CamCom will serve as the primary technology partner for ERGO's Al-powered visual inspection solution, which is now being rolled out across multiple European markets.
2 min |
August 2025
THE INSURANCE TIMES
Health Insurance News
Star Health Q1 FY26 Profit Slips 18 % as Underwriting Income Halves
4 min |
August 2025
THE INSURANCE TIMES
Climate Risk and Cambodia's Vegetable Farmers: Revealing Hidden Risks and Rethinking Resilience
Cambodia's agricultural backbone is increasingly threatened by climate shocks, particularly droughts and floods. According to the Cambodian Development Resource Institute, 62% of losses are flood-related and 36% drought-related. These disruptions are worsened by limited water infrastructure-only 20.6% of agricultural holdings have access to irrigation, despite 67% of land being cultivated.
6 min |