India: Regulator forms committee to ensure plain language in insurance policies

Published on October 30, 2023
The IRDAI has established a committee of 12 members to simplify insurance policy wording by using language understandable to policyholders, the regulator says in a statement.
Continue reading on website
Other news

UAE: Half of SMEs lack adequate insurance coverage

October 29, 2023
A considerable number of small and medium enterprises overlook the importance of insurance coverage. As many as 50% SMEs operating in the UAE are inadequately insured, according to Mr Mustafa O

Indonesia: Proposals raised on ways to allow life insurers without required capital to continue operations

October 30, 2023
The Indonesian Life Insurance Association (AAJI) has raised a number of proposals to allow insurers which do not have adequate capital to continue insurance operations. This is because the minimum