IRDAI endorses panel’s view to cut obligatory cession to zero from 4%
The committee that recommends the percentage of obligatory cession that general insurers have to cede to state-owned General Insurance Corporation Read more
IRDAI
IRDAI moots long-term Motor 3rd party, fire cover
IRDAI is planning to allow all general insurers to offer long-term motor products covering both mandatory motor third-party and own-damage Read more
IRDAI steps to increase penetration to fasten growth
Recent measures announced by IRDAI)have the potential to fasten the new business growth for companies and deepen insurance penetration in Read more
Go Digit product: SAT upholds IRDAI order
The Securities Appellate Tribunal (SAT) has upheld the order of insurance regulator IRDAI directing Go Digit General Insurance to discontinue Read more
IRDAI chief meets insurance CEOs to review industry performance
IRDAI chairman Debasish Panda met CEOs of SOME general insurers, including health insurers, in Mumbai last week to review the Read more
IRDAI relaxes PE investment, solvency norms
The board of the Insurance Regulatory and Development Authority of India (IRDAI) approved a host of proposals, involving private equity Read more
Foreign reinsurers can repatriate 20% of assigned capital: IRDAI
Insurance sector regulator Irdai has allowed foreign reinsurance branches, including Lloyd’s India, to repatriate up to 20% of the excess Read more
IRDAI unveils new draft on expenses
The Insurance Regulatory and Development Authority of India (IRDAI) has announced a revised exposure draft on the expenses of management Read more
Go Digit: IRDAI no to Fairfax proposal for CCPS conversion
Upsetting the plan of Fairfax, owned by Indian origin Canadian billionaire Prem Watsa, to increase its stake in Indian insurance Read more
IRDAI proposes changes to reinsurance rules
The insurance regulator has released an exposure draft seeking amendments to reinsurance regulations. In the draft, the Insurance Regulatory and Read more
