IRDAI seeks business plans from 3 PSU general insurers
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
IRDAI is planning to amend insurance rules so that insurers cannot deny lifelong renewal of a personal accident policy provided Read more
IRDAI takes up legal recourse issue with govt on surety bond business
IRDAI has taken up the issue of insurers being treated at par with banks when it comes to recovery recourse Read more
Debasish Panda appointed as new IRDAI Chief
The government has appointed former financial services secretary Debasish Panda as chairman of the Insurance Regulatory and Development Authority of Read more
IRDAI red-flags LIC investment in IFSC
Life Insurance Corp. of India’s (LIC’s) bid to buy 15% in India International Exchange (IFSC) Ltd (India INX), a stock Read more
Irdai raises concern over govt move
The insurance regulator has raised corporate governance concerns over the government’s move to appoint one person as chairman of two Read more
IRDAI wants insurers at par with banks on legal recourse for surety bonds
IRDAI has taken up the issue of insurers being treated at par with banks when it comes to recovery recourse Read more
IRDAI proposes to make policyholders less accountable while porting health policy
Soon, insurers may be solely responsible for collecting the policyholder’s claims information from the existing insurer after porting of a Read more
IRDAI to set up hubs on 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
Non-life insurance companies register over 7 pc rise in gross premium at Rs 18,953 crore in Dec 2021
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
