Irdai

The Insurance Regulatory and Development Authority of India (IRDAI) has advised general insurers and standalone health insurers to mobilise all resources to ensure immediate service response to those affected by the floods in north…

After more than a decade the life insurance industry in the country is up for disruption. Bengaluru-based tech first insurance startup Acko is preparing to launch its first product in the next two months.Two sources in the know told ET that…

Insurance regulator IRDAI has decided to bring key managerial persons (KMPs) of private insurance companies also, in addition to the top brass who are covered now, under the ambit of its guidelines on remuneration. The guidelines at present…

Insurance regulator IRDAI will be rolling out the first phase of pilot projects associated with a Risk Based Supervision (RBS) framework from July. The move to RBS will be a shift towards adopting global best practices for supervision…

Insurance regulator IRDAI has extended the scope of the ‘Use and File’ procedure to cover more life insurance products. Essentially allowing insurers to launch a product first and then submit details to the regulator subsequently, the…

NEW DELHI: The Supreme Court on Monday declined immediate hearing on a petition filed by Insurance Regulatory and Development Authority of India (IRDAI) challenging an order of Securities Appellate Tribunal (SAT) staying the insurance…

A new-age entity may be well on its way to entering India as the country’s insurance regulator is considering the feasibility of allowing managed general agencies or MGAs in the domestic market.A managed general agency is similar to a…

In a big relief to Sahara India Life Insurance Co Ltd, the Securities Appellate Tribunal (SAT) on Tuesday stayed regulator Irdai’s order directing the transfer of policy liabilities of around two lakh policies along with assets of Sahara…

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Insurance regulator IRDAI has asked insurers to settle claims in the states affected by cyclone Biparjoy in an expeditious manner.In a circular to CEOs of all general insurance companies, and standalone health insurance companies, the…