Unable to listen sound…


Tuning in to other way round.
Unable to listen my own sound.
Just go and leave is the desire left.
All the valuables gone to theft.
Heart attacked and soul dismantled.
Life left me in a path scattered.
During the course of day and night.
Often I had a bloody fight.
Welcoming the challenges with open heart.
Never realized of broken heart.
The present scenario is not so good.
I need to convert bad to good.
But whenever…
I tune in to other way round.
I am unable to listen my own sound.
Unable to listen my own sound.

Ashish Kumar

Advertisements

Complaints about life…


In the crowd of millions.
It’s difficult to find the right one.
During the good and bad times.
It’s not easy to manage the time.
Life gave a lot of experience.
It is better to gain the real sense.
Startling situation came often in life.
I don’t have any complaints about life.

The world is full of fake faces.
It is difficult to find the right face.
Having no tragedy is a tragedy.
Better to face the tragedy.
Going in the dark side.
I often had the bad side.
Finding a shoulder to cry.
I used to smile followed by cry.
Done a lot to keep things intact.
Rather than blocking the contact.
Sometimes eyes were red and face became dark.
As I have to listen to people’s bark.
No issues as this is life.
Startling situation often came in life.
I don’t have any complaints about life.
Don’t have any complaints about life.

Ashish Kumar

Happy new year 2018 


Hello everyone. Hope you all are doing good. 

I wish all of you a very happy new year 2018. I hope the year 2017 was possibly good and adorable and I wish the year 2018 should be a prosperous year. All the best to everyone and may God fulfill all the desires you all have. Enjoy and live the life with joy. 🙂 

I am sure most of you have already decided about the new year resolution and if not then no need to worry as I am with you as I too have not yet decided the same. Do help me in making some resolution in new year as every year I think to make but I always end up without having new year resolution. This time I have decided to make a new year resolution and my resolution is that I will make some resolution this year. 😛 Even I am not sure whether I will be able to make or not. Share your new year resolution. 

Once again a very happy new year. 🙂 

   – Ashish Kumar 

About IRDAI


The insurance industry in India is regulated by Insurance Regulatory and Development Authority of India (IRDAI), headquartered at Hyderabad. IRDAI was formed by an Act of Parliament in 1999. The IRDA Act, 1999 paved the way for the formation of IRDAI. The history goes back to the recommendations of Malhotra Committee where the need for a regulator for insurance sector was suggested. Being the regulator IRDAI carries various functions like:

  • Protecting policyholder’s interest.
  • Granting of license to insurers, brokers etc.
  • Renew, modify, suspend, and cancel the registration.
  • Promoting efficiency in the conduct of insurance business.
  • Regulating investment funds by insurance companies.
  • Regulating maintenance of margins of solvency etc.

Apart from Hyderabad where it is headquartered, the Authority also has office in New Delhi and Mumbai. The composition of Authority as defined in Section 4 of IRDA Act, 1999 consists of 10 members which comprise of the following:

  • A Chairman
  • Five whole time members
  • 4 part-time members.

All the members are appointed by Government of India.

IRDAI is the regulating all forms of insurance except pension funds and postal insurance. Pension fund is regulated by Pension Fund Regulatory and Development Authority (PFRDA). Postal insurance include Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI).

One of the reform measures initiated by IRDAI for general insurance industry came in 2007 when general insurers were allowed to price the premium accordingly. Prior to that, premium pricing was decided by Tariff Advisory Committee (TAC). Hence this is also known detariffing where general insurers are now allowed to decide the price of the premium. General insurers are allowed to decide the premium price to all forms of insurance except motor third party liability where the premium price is decided by IRDAI.

IRDAI is also the promoter of the following organizations:

  • Institute of Insurance and Risk Management (IIRM), Hyderabad: IIRM Hyderabad was established jointly by IRDAI and Government of Telangana in 2002. The institute provides quality education in insurance, risk management, Financial services, Acturial Science etc. The institute provides 1 year International Post Graduate Diploma (IPGD) and two year full time masters i.e Post Graduate Diploma in Management (PGDM). It is one of the rare institutes in the country providing MBA in insurance and related fields. The insurance course is accredited by Chartered Insurance Institute (CII), London and Insurance Institute of India (III), Mumbai. This is a good platform for those who wish to build their carrier in insurance.
  • Insurance Information Bureau of India (IIB): IIB was promoted by IRDAI in 2009 with the participation of stakeholders from insurance sector, with the objective of supporting the insurance industry with sector-level data to enable data based and scientific decision making including pricing and framing of business strategies.

This was a brief introduction about IRDAI and I hope it will be informative. I will be coming up with various other topics related to insurance from time to time. Stay tuned.

– Ashish Kumar

Trying to paint the paper…


Living in the piece of a paper.
I am trying to paint the paper.
Left in the curse of time.
I am trying to build a new time.
Shattered with the sudden storm.
I was left in a beach of thorn.
The pain was unbearable and immense.
Like someone put an iron rod in the chest.
Tears came and heart wrenched.
Wondered how I got the bloody drench.

Shame acts and broken trust continued.
I stood and fought till I can continue.
During the midst of day and night.
Life gave me tremendous fight.
Sacrificed everything which I had.
Only thing left was the time which was bad.
I lost the battle with a brutal end.
Tried a lot to avoid that end.

Loved the fact that I still survived.
Even though I had no reason to survive.
I left the world which was never mine.
Building a new world which will be mine.
Life is such of twisted events.
Tackling them is prominent.
It takes time to forget and forgive.
Hence life must be lived.
Some time is required to move on.
As…
Living in the piece of a paper.
I am trying to paint the paper.

– Ashish Kumar