Health Insurance Ecosystem CEO S. Prakash Appointment by GI Council on 7th January 2026. Key responsibilities include improving claims efficiency, policyholder trust, and standardizing treatment protocols in India’s health insurance sector. 📌 GI Council Appoints S. Prakash as CEO for Health Insurance Ecosystem The General Insurance Council (GI Council) has appointed S. Prakash as the…
Sabka Bima Sabki Raksha Insurance Amendment Bill 2025: 100% FDI & Policy Reforms increases FDI to 100%, strengthens IRDAI, introduces Policyholders’ Education and Protection Fund, and reforms India’s insurance sector. . 📌 Parliament Approves ‘Sabka Bima Sabki Raksha’ Insurance Amendment Bill, 2025 — Major Reforms in India’s Insurance Sector The Parliament of India has passed…
IRDAI Mandates Shorter Audit Tenures to Boost Governance in Insurance Sector The Insurance Regulatory and Development Authority of India (IRDAI) has introduced new regulations mandating shorter audit tenures for insurance companies. This significant move aims to enhance governance, accountability, and transparency within the insurance sector. New Audit Tenure Regulations Under the new guidelines, IRDAI has…
