IRDA rejects application of MS S K INSURANCE BROKING LTD
ORDER IN RESPECT OF M/S, S. K. INSURANCE BROKING LIMITED, IRDA/BRK/MISC/ORD/005/01/2013, Â DT: 07.01.2013
Read moreJ Hari Narayan
IRDA rejects application of MS ARROW INSURANCE BROKERS PVT LTd
ORDER Â IN RESPECT OF M/S ARROW INSURANCE BROKERS PRIVATE LIMITED IRDA/BRK/MISC.ORD/004/01/2013/Dt.7.1.2013
Read moreInsurance Institute of India to host International Conference on Principles of Sustainable Insurance
Insurance Institute of India, Mumbai is hosting an international conference on “Principles of Sustainable Insurance” on 11th January at Vivanta by Taj- President, Cuffe Parade, Mumbai from 9 am to 5.30 pm. Read more
Insurance Regulatory and Development Authority chief differs with finance ministry over new post
There is a difference of opinion between the chairman of the Insurance Regulatory and Development Authority (IRDA) and the finance ministry over the creation of a new post in the regulatory body. IRDA chief J Hari Narayan chose to stay away from a meeting to fill the new position even as the panel comprising bureaucrats shortlisted two candidates. Read more
IRDA to provide for a two-year term car insurance cover
Car owners may soon be able to insure their vehicles for two years at one time, a move that will help increase premium income for insurers and will benefit customers from lower cost and reduced renewal hassles. Motor insurance is a loss-making business for most insurers because of heavy claims that exceed the premium collected by them. Read more
IRDA rules out hiking investment limit for insurers
Terming the finance ministry’s plans to hike the investment ceiling for state-owned Life Insurance Corporation to 30 per cent as ‘imprudent’, insurance regulator IRDA recently called for a more conservative approach and ruled out hiking the cap for private sector insurance firms. Read more
IRDA, finance ministry lock horns over LIC’s stake ceiling
A fresh tussle between the government and a regulator has burst out into the open, with the finance ministry allowing Life Insurance Corporation (LIC) to own up to 25% of a listed company over the objections of sector watchdog IRDA, which has blasted the decision. Read more
Insurance for HIV/AIDS patients to be a reality soon on Naco push
Pricing issues that were holding back insurance companies from covering HIV/AIDS patients, may soon be removed with the National Aids Control Organisation (Naco) setting up a working group to collect data that will help in pricing an insurance product covering HIV/AIDS. Read more
Health Insurance: Group health insurance without employer backing to be a reality
IN AN attempt to increase health insurance penetraÂtion, insurance regulator may shortly allow group health insurance for homogÂenous groups without emÂployer-employee relation. Read more
IRDA News: Insurance FDI may lure Rs 30k cr: IRDA
The increase in FDI limit in the insurance sector may attract Rs 30,000 crore that  the industry requires over the next five years, Insurance Regulatory and  Development Authority (IRDA) has said.
A day after the Centre announced its decision to allow up to 49 per cent Foreign  Direct Investment (FDI) in insurance, IRDA Chairman J Hari Narayan said the move  was essential as inflows are necessary for the sector to grow at 11 to 12 per cent. Read more