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IRDA in India

IRDA in India 

IRDAI seeks business plans from 3 PSU general insurers

May 4, 2022 admin 47 Views 0 Comments business, General insurers, IRDAI, PSU
IRDAI has sought revised business plans from the three public sector general insurers – National Insurance Company, Oriental Insurance Company Read more
IRDA in India 

IRDAI proposes lifelong renewability of personal accident insurance

April 13, 2022 admin 67 Views 0 Comments IRDAI, lifelong, PERSONAL ACCIDENT INSURANCE, renewability
IRDAI is planning to amend insurance rules so that insurers cannot deny lifelong renewal of a personal accident policy provided Read more
IRDA in India 

IRDAI takes up legal recourse issue with govt on surety bond business

April 13, 2022 admin 60 Views 0 Comments business, govt, IRDAI, Legal
IRDAI has taken up the issue of insurers being treated at par with banks when it comes to recovery recourse Read more
IRDA in India 

Debasish Panda appointed as new IRDAI Chief

April 13, 2022 admin 67 Views 0 Comments appointed, Debasish Panda, IRDAI
The government has appointed former financial services secretary Debasish Panda as chairman of the Insurance Regulatory and Development Authority of Read more
IRDA in India 

IRDAI red-flags LIC investment in IFSC

March 7, 2022 admin 90 Views 0 Comments IFSC, Investment, IRDAI, LIC
Life Insurance Corp. of India’s (LIC’s) bid to buy 15% in India International Exchange (IFSC) Ltd (India INX), a stock Read more
IRDA in India 

Irdai raises concern over govt move

March 7, 2022 admin 61 Views 0 Comments concern, govt, IRDAI
The insurance regulator has raised corporate governance concerns over the government’s move to appoint one person as chairman of two Read more
IRDA in India 

IRDAI wants insurers at par with banks on legal recourse for surety bonds

March 7, 2022 admin 69 Views 0 Comments bonds, INSURERS, IRDAI, Legal, recourse, surety
IRDAI has taken up the issue of insurers being treated at par with banks when it comes to recovery recourse Read more
IRDA in India 

IRDAI proposes to make policyholders less accountable while porting health policy

March 7, 2022 admin 85 Views 0 Comments accountable, health policy, IRDAI, policyholders
Soon, insurers may be solely responsible for collecting the policyholder’s claims information from the existing insurer after porting of a Read more
IRDA in India 

IRDAI to set up hubs on motor, property insurances

February 8, 2022 admin 104 Views 0 Comments IRDAI, Motor, property insurances
IRDAI has decided to set up two hubs on motor insurance and property insurance and also an advisory committee with Read more
IRDA in India 

Non-life insurance companies register over 7 pc rise in gross premium at Rs 18,953 crore in Dec 2021

February 8, 2022 admin 88 Views 0 Comments insurance companies, non-life, premium
  The gross direct premium underwritten by non-life insurance companies grew by 7.3 per cent to Rs 18,953.09 crore in Read more
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