IRDAI

Coronavirus update: Will your health insurance cover protect you?

Coronavirus update: Will your health insurance cover protect you?

The IRDAI has issued a circular, but the WHO has declared the disease a pandemic

IRDAI committee suggests daily premium payment policies to promote micro-insurance

IRDAI committee suggests daily premium payment policies to promote micro-insurance

An IRDAI committee has suggested introduction of daily premium payment policies to ensure better awareness about insurance products among...Read More

Share India Insurance Brokers plans to tie up with leading players for policy sale

Share India Insurance Brokers plans to tie up with leading players for policy sale

Mumbai: Share India Insurance Brokers, said that it plans to partner with leading insurance companies such as HDFC Life, LIC, HDFC Ergo G...Read More

IRDAI imposes Rs 1 cr penalty on Tata AIG, ICICI Lombard

IRDAI imposes Rs 1 cr penalty on Tata AIG, ICICI Lombard

New Delhi: Insurance regulator IRDAI has slapped a penalty of Rs 1 crore each on Tata AIG General Insurance Company and ICICI Lombard GIC...Read More

Irdai imposes Rs 2.18 cr fine on Hero Insurance Broking for violating motor insurance norms

Irdai imposes Rs 2.18 cr fine on Hero Insurance Broking for violating motor insurance norms

New Delhi: Insurance regulator Irdai has slapped a fine of Rs 2.18 crore on Hero Insurance Broking India for violating norms on motor ins...Read More

HDFC Ergo gets Irdai nod for securing majority stake in Apollo Munich

HDFC Ergo gets Irdai nod for securing majority stake in Apollo Munich

New Delhi: The country's largest mortgage lender HDFC Ltd said the company and its subsidiary HDFC ERGO have got approvals for acquiring ...Read More

Irdai restores Reliance Cap's 100% shareholding in Reliance General Insurance

Irdai restores Reliance Cap's 100% shareholding in Reliance General Insurance

Insurance regulator Irdai has directed IDBI Trusteeship Services not to give effect to any encumbrance or transfer or any change in the s...Read More

IRDAI to seek councils' view on life insurers' plea to offer indemnity plans

IRDAI to seek councils' view on life insurers' plea to offer indemnity plans

Kolkata: Insurance regulator IRDAI will seek views of the life and general insurance councils before deciding on the appeal of life insur...Read More

Irdai allows insurers to invest in debt ETFs of CPSEs

Irdai allows insurers to invest in debt ETFs of CPSEs

New Delhi: Irdai allowed insurance companies to invest in debt ETFs (exchange traded funds) of CPSEs.The instruments have been permitted ...Read More

Irdai to allow state-run banks cross 10% ownership caps in many insurance companies

Irdai to allow state-run banks cross 10% ownership caps in many insurance companies

Mumbai: With consolidation of 10 state-run banks underway, the insurance watchdog Irdai is planning to allow them to cross the 10 percent...Read More

Irdai asks two insurers to write off exposure in DHFL

Irdai asks two insurers to write off exposure in DHFL

Mumbai: The two insurance subsidiaries of the crippled mortgage lender Dewan Housing Finance (DHFL) are unlikely to be impacted by the on...Read More

IRDAI approves 51 per cent stake acquisition in Max Bupa Health Insurance by True North

IRDAI approves 51 per cent stake acquisition in Max Bupa Health Insurance by True North

New Delhi: Max India on Tuesday said the Insurance Regulatory and Development Authority of India (IRDAI) has approved the sale of its 51 ...Read More

Irdai recommends new depreciation calculation for motor vehicles

Irdai recommends new depreciation calculation for motor vehicles

New Delhi: Irdai proposed vehicle new age-based depreciation formula for computing sum insured for motor vehicles, including private cars...Read More

Indian insurance industry to witness huge increase in new products

Indian insurance industry to witness huge increase in new products

New Delhi: The Indian insurance space is about to witness an exponential increase in "unique and unheard" products covering a cross-secti...Read More

Irdai sets up panel to evaluate applications filed under Regulatory Sandbox

Irdai sets up panel to evaluate applications filed under Regulatory Sandbox

New Delhi: Insurance regulator Irdai has set up a committee to evaluate applications filed under the Regulatory Sandbox approach to promo...Read More

IRDAI charges SBI Life with Rs 4 lakh fine for violating advertising norms

IRDAI charges SBI Life with Rs 4 lakh fine for violating advertising norms

New Delhi: Insurance sector regulator Irdai has imposed a fine of Rs 4 lakh on SBI Life Insurance Company Ltd for violating norms on adve...Read More

IRDAI approves BSE-Ebix to sell life and non-life insurance products

IRDAI approves BSE-Ebix to sell life and non-life insurance products

Mumbai: Asia's oldest exchange BSE and its joint venture partner Ebix, the global leader in insurance exchanges, have received in-princip...Read More

Irdai asks insurers to ensure insurance ads are not misleading to customers

Irdai asks insurers to ensure insurance ads are not misleading to customers

New Delhi: Regulator Irdai has asked insurers to ensure that advertisements of insurance products are clear and do not convey a fabricate...Read More

Now you can pay health insurance premium in instalments

Now you can pay health insurance premium in instalments

New Delhi: People seeking health insurance will soon have the option to pay premium on monthly, quarterly and half-yearly basis in additi...Read More

Non-life insurers record 17 pc increase in Aug new premium income

Non-life insurers record 17 pc increase in Aug new premium income

New Delhi: India's non-life insurance companies registered a rise of 17 per cent in their combined new premium collection at Rs 15,964 cr...Read More

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