IRDAI douses ‘Burning Cost’, premiums may fall for Corporates
IRDAI has stated that ‘Burning Cost’ can’t be quoted by basic insurers as a ‘mandated minimum rate’ to cost premiums Read more
IRDAI
IRDAI to relook at regulations to widen insurance penetration and give insurers more flexibility
The Insurance Regulatory and Development Authority of India (IRDAI) will relook at regulations, capital requirements and introduce new products to Read more
IRDAI chief planning roadmap for second phase of reforms
IRDAI Chairman, Debashish Panda, has laid out a road map for the second phase of reforms in the industry. On Read more
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
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
