LIC’s New CEO: Meet R Doraiswamy, the Insurance Industry Veteran
Life Insurance Corporation of India (LIC) has a new leader! R Doraiswamy has taken the reins as the Managing Director and CEO of LIC, a position he will hold until August 28, 2028. This appointment, approved by the Appointments Committee…
Finance Minister Urges Insurers to Innovate and Adapt to Emerging Risks
The Finance Minister has issued a direct challenge to the insurance sector: innovate or be left behind. In a recent address, the Minister emphasized the need for insurers to proactively adapt to a rapidly evolving risk landscape. This call to…
IRDAI’s Bold Move: Expanding Insurance Coverage to Prevent Financial Distress
The Insurance Regulatory and Development Authority of India (IRDAI) is pushing for a significant expansion of insurance coverage across the country. This proactive measure aims to mitigate financial hardship for individuals and families facing unexpected events. The IRDAI believes that…