IRDA in India IRDAI enables additional options for withdrawn life cover products October 19, 2023 admin 148 Views 0 Comments IRDAI, life insurance, policyholders, products IRDAI introduced new measures allowing more choices and benefits for policyholders with withdrawn life insurance products.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
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 134 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
Life Insurance News Axis Bank to pick up 6% more in Max Life Insurance for Rs. 1,612 crore October 7, 2023 admin 126 Views 0 Comments Axis Bank, IRDAI, Max Life Insurance, PFRDA Axis Bank is looking to buy 6 per cent more stake in JV Max Life Insurance for Rs. 1,612 crore Read more
Health Insurance News Dr Shetty’s Narayana group to enter health insurance biz October 4, 2023 admin 197 Views 0 Comments Dr Shetty's Narayana, HDFC Ergo, health insurance, IRDAI Cardiac surgeon Dr Devi Shetty’s Narayana Health group has sought a license from IRDAI for a health insurance business. The Read more
Life Insurance News Max Life appointed lead insurer for Uttar Pradesh September 28, 2023 admin 310 Views 0 Comments financial awareness, IRDAI, LEAD INSURER, Max Life Insurance Company Ltd., state insurance plan Max Life Insurance Company Ltd. has been designated as the "Lead Insurer" for Uttar Pradesh by the IRDAI. This move Read more
IRDA in India IRDAI asks insurers to speed up settlement of flood claims September 1, 2023 admin 119 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 256 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