General insurers settle only third of claim amount due to natural calamities during FY21
General insurers settled only a third of the total claim amount due to natural calamities during the financial year ended Read more
IRDA in India
Intermediaries can maintain current accounts in appropriate number of banks: IRDAI
IRDAI said insurance intermediaries, including entities sponsored by them, can maintain current accounts in appropriate number of banks for the Read more
Hospitals needs to be regulated
Insurance regulator IRDAI wants hospitals to be regulated and is not averse to even doing it by itself if allowed Read more
‘Delay in appointing IRDAI chairman unwarranted
An over three month delay by the centre to appoint the new IRDAI chairman following the retirement of former chairman Read more
IRDAI questions price hikes by reinsurers
Concerned over pricing pressures in life and non-life products in the wake of Covid, the Insurance Regulatory and Development Authority Read more
Jana Small Fin Bank ropes in ex-Irdai chief
Jana Small Finance Bank appointed former Insurance Regulatory and Development Authority of India (Irdai) chairman Subhash C Khuntia as part-time Read more
Irdai moots premium hike for rebuilding in disaster areas
The insurance regulator has mooted the introduction of a differential premium for insured properties that are rebuilt on sensitive terrain Read more
Dividend Criteria for Equity Investment under “Approved Investment”
In continuation to circular no: IRDAI/F&I/CIR/INV/065/03/2021 Dt 31st March, 2021 on the subject, the Authority in exercise of its Read more
IRDAI working group suggests title insurance for home buyers
IRDAI has recently constituted a working group that submitted a report related to the product structure of title insurance to Read more
IRDAI imposes Rs. 30 lakh penalty on SBI General Insurance
IRDAI has imposed a monetary penalty of Rs. 30 lakh on SBI General Insurance Company for its failure to comply Read more