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IRDA in India

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IRDA in India 

Provide insurance cover to staff travelling in employers’ vehicle: IRDAI tells insurers

November 18, 2023 admin 107 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 104 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 97 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 121 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 80 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IRDAI enables additional options for withdrawn life cover products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 79 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IRDAI introduced new measures allowing more choices and benefits for policyholders with withdrawn life insurance products.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 96 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 91 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 70 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 76 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
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