IRDA in India IRDAI sets up committee on cyber security October 17, 2023October 17, 2023 admin 120 Views 0 Comments committee, CYBER, Cyber security, IRDAI IRDAI has set up an inter-disciplinary standing committee on cyber security. The committee is expected to regularly review the threats Read more
IRDA in India Finance Ministry seeks IRDAI member applications October 17, 2023 admin 136 Views 0 Comments Finance ministry, IRDAI, IRDAI member The finance ministry has invited applications for the post of Whole Time Member (Distribution) at insurance regulator IRDAI. The applicant Read more
IRDA in India IRDAI moves towards risk-based capital regime September 26, 2023 admin 142 Views 0 Comments 'Technical Guidance', capital regime, First Quantitative Impact Study, Risk-based capital framework IRDAI has taken the first step towards introduction of risk based capital framework and wants insurers to assess potential impact Read more
IRDA in India CCI refuses to interfere in IRDAI’s regulatory functions September 26, 2023 admin 139 Views 0 Comments Competition Commission of India, Indian Institute of Insurance Surveyors and Loss Assessors, IRDAI and IIISLA, IRDAI's regulatory functions In a significant ruling, the Competition Commission of India (CCI) has refused to interfere in IRDAI’s regulatory functions, disposing off Read more
IRDA in India IRDAI okays appointment of Amit Jhingran as SBI Life chief September 25, 2023 admin 181 Views 0 Comments Amit Jhingran, CEO of SBI, Chicago, Executive Officer, SBI Life Insurance Company Limited IRDAI approved the appointment of Amit Jhingran as the new Managing Director and Chief Executive Officer for SBI Life Insurance Read more
IRDA in India IRDAI appoints Liberty General Insurance as lead insurer for Delhi September 25, 2023 admin 296 Views 0 Comments Liberty General Insurance, non-life, state insurance plan Liberty General Insurance was appointed as the lead insurer for Delhi by the IRDAI. The appointment comes as a part Read more
IRDA in India IRDAI relief for insurers in HDFC investments September 23, 2023 admin 147 Views 0 Comments HDFC investments, HDFC Ltd, Housing and Infrastructure, IRDAI relief IRDAI issued a statement declaring that bonds and debentures held by insurers in HDFC Ltd as of the date of Read more
IRDA in India Top 15 Insurance firms to adopt IND-AS from April September 23, 2023 admin 232 Views 0 Comments framework, Insurance industry, insurance sector, risk exposure The insurance sector is set for a game-changing development with the IRDAI asking the top 15 companies, across life and Read more
IRDA in India IRDAI asks insurers to speed up settlement of flood claims September 1, 2023 admin 122 Views 0 Comments flood claims, General insurers, IRDAI, speed up settlement, standalone health insurance, union territory (UT) IRDAI has asked all general insurers and standalone health insurance firms to deploy resources and shrink response-time gaps after the Read more
IRDA in India IRDAI considering managed general agencies in insurance August 31, 2023 admin 257 Views 0 Comments A managed general agency, general agencies, insurance regulator, IRDAI, The insurance industry The insurance industry could see a new set of licences in the form of managed general agencies, or MGAs, as Read more