IRDA in India IRDAI provides insurers with a combined exposure draft on EoM. December 9, 2023 admin 177 Views 0 Comments combined exposure, draft on EoM, INSURERS, IRDAI Based on the advice of the Regulation Review Committee (RRC), IRDAI has produced an exposure draft on the Expenses of Read more
IRDA in India BimaKavach receives,IRDAI license. December 9, 2023 admin 130 Views 0 Comments BimaKavach, central site, direct insurance broking, IRDAI license IRDAI has granted BimaKavach a license to engage in direct insurance broking, allowing the company to aggressively promote its tailored Read more
862112046 IRDA in India Provide insurance cover to staff travelling in employers’ vehicle: IRDAI tells insurers November 18, 2023 admin 187 Views 0 Comments employers, Insurance Cover, IRDAI, staff travelling IRDAI has asked general insurers to provide cover to employees travelling in employer's vehicle. The Madras High Court had directed Read more
IRDA in India IRDAI Chief urges stakeholders to harness surety bonds November 11, 2023 admin 168 Views 0 Comments IRDAI, stakeholders, Surety Bonds Asserting that the current Bank Guarantee capacity of banks is insufficient to meet the credit demand for infrastructure development in Read more
IRDA in India Bima Vistaar, in final stages November 11, 2023 admin 211 Views 0 Comments Bima Vistaar Bima Vistaar, a first of its kind all-in-one affordable insurance product offering life, health and property cover is likely to Read more
IRDA in India IRDAI plans committee to create Bima Sugam platform, to appoint project consultant October 20, 2023October 20, 2023 admin 203 Views 0 Comments Bima Sugam, IRDAI, Project, steering committee IRDAI has formed a steering committee, which will act as the apex decision making body for creation of its ambitious Read more
IRDA in India IRDAI lowers minimum capital need for foreign reinsurers to Rs. 50 crore October 19, 2023 admin 151 Views 0 Comments Foreign Reinsurance Business, Foreign Reinsurers, global insurance hub, IRDAI IRDAI has chosen to lower the minimum capital requirement for Foreign Reinsurance Business (FRBs) to Rs 50 crore from Rs Read more
IRDA in India IRDAI enables additional options for withdrawn life cover products October 19, 2023 admin 148 Views 0 Comments IRDAI, life insurance, policyholders, products IRDAI introduced new measures allowing more choices and benefits for policyholders with withdrawn life insurance products. Effective immediately, the new Read more
IRDA in India Need specialised insurance products for disabled individuals, says IRDAI October 18, 2023 admin 140 Views 0 Comments global insurance, individuals, insurance products, IRDAI There is a need to design special insurance products for disabled citizens to bring India at par with developed countries Read more
IRDA in India IRDAI plans women-led distribution force for rural October 18, 2023 admin 160 Views 0 Comments IRDAI, plans, rural, women-led To boost insurance coverage in the rural areas, the IRDAI is working on a women-led localized distribution force called Bima Read more