Under the proposed Bill, the revised definition of insurance business seeks to allow insurers to enter into non-insurance ...
Higher solvency norms: The requirement for insurers with more than 49% foreign investment to maintain 50% of net profit in ...
The insurance sector is expected to see significant investments with the Sabka Bima Sabki Raksha (Amendment of Insurance Laws ...
The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 was introduced in the Lok Sabha on Monday, proposing ...
Compliance mechanisms are sharpened with higher penalties, including daily fines for violations capped at ₹10 crore, and ...
Bill, 2025', with Finance Minister Nirmala Sitharaman assuring that opening up sector will attract new insurers, ...
The Bill proposes amendments to three core pieces of legislation: the Insurance Act, 1938, the Life Insurance Corporation Act ...
The Supreme Court of British Columbia dismissed LGM Financial Services Inc.'s petition on December 8, rejecting claims that ...
The U.S. House passed the Lower Health Care Premiums for All Americans Act in a party line, 216-211, vote Wednesday, sending ...
The Australian Reinsurance Pool Corporation (ARPC) will introduce revised postcode allocations for terrorism insurance premiums from Jan. 1, following a new ministerial direction that updates the ...
The expanded criteria will make it easier for these trusts to attract capital, support greater flexibility and improve the ...