Investment norms for insurance firms revised
The Insurance Regulatory and Development Authority (IRDA) has re-worked the investment norms for insurance companies. Read more
irda guidelines
IRDA News: Guidelines on Persistency of Life Insurance Policies now also applicable to Corporate Agents
In February 2011 IRDA had issued Guidelines for Individual Agents for Persistency of Life Insurance Policies. Now IRDA has made these guidelines applicable to corporate insurance agents as well. The whole guidelines will be applicable to corporate agents with immediate effect.
Read moreInsurance Guidelines on Web Aggregators
IRDA has announced the Guidelines for Web Aggregators to protect the interests of the prospects / policyholders and to regulate, promote and ensure the orderly growth of the insurance industry. Read more
IRDA issues warning to Future Generali Insurance for violating IRDA guidelines
IRDA has warned M/s Future Generali Life Insurance Company Limited to adhere to IRDA guidelines in respect of Issuance of Policy and Cancellation of Policy under FREE Look Period. The Insurer was found guilty in many cases.
Read moreAnti MOney Laundering(AML)/CFT Guidelines-Cash Acceptance Threshold
IRDA Notification: Insurance sector has entered into sixth year of effective AML/CFT regime. In this context, extant AML/CFT guidelines to the insurance sector are being reviewed to assess the need for changes to facilitate Risk Based Approach. Due consideration is placed on the Read more