Dividend criterion may be eased for insurers’ equity investments
The IRDAI may allow equity investment even in non-dividend paying companies to be included in the approved investment category subject Read more
INSURERS
PSU insurers may need up to Rs. 8000crore for higher wages
Public sector non-life insurance companies will need to raise around Rs 8,000 crore to meet statutory capital requirements after paying Read more
Insurers may pass on commission costs
Former members of the IRDAI fear that the regulator’s proposal to grant flexibility to insurers on commissions might result in Read more
IRDAI reduces number of returns to be filed by insurers for health insurance
In order to further cut compliance burden for insurance companies, regulator IRDAI rationalised health insurance business returns reporting norm by Read more
New premium income of life insurers up by 91%
New business premium income of life insurance companies witnessed a surge by 91 percent to Rs 39,078.91 crore in July Read more
Banks line up Additional tier plans after IRDAI opens door to insurers
Lenders from Bank of Baroda to State Bank of India are lining up plans to raise about Rs 10,000-15,000 crore Read more
IRDAI allows insurers to empanel hospitals
In a bid to enhance the scope for offering cashless facility in health covers across the country, IRDAI has now Read more
IRDAI in favour of insurers in SLBC
The Insurance regulator has proposed the involvement of insurance companies at the state level and a big hike in the Read more
IRDAI cautions insurers against loading up on bonds of HDFC Cos
India’s insurance regulator has advised insurers against loading up on the bonds of HDFC Group companies, saying details on permitted Read more
IRDAI asks insurers to adopt states to boost reach
IRDAI has asked Insurance companies to take a leaf from the banking industry’s strategy for inclusion by companies adopting individual Read more
