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Bima Sugam: How IRDAI’s online insurance marketplace can benefit customers

The initiative aims to establish a Digital Public Infrastructure towards universalisation and democ…

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4 mins read

Insurance regulator proposes increasing surrender value of non-linked policies: Explained

The Insurance Regulatory and Development Authority of India (IRDAI) in its exposure draft released …

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3 mins read

Explained: What a surrogate mother in India should know about insurance policy

Surrogacy is a medical process in which a woman agrees to carry and deliver a baby for another coup…

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Removal of commission caps for insurance agents likely to boost innovation, customer-centricity

It will give more flexibility to insurance companies to determine what amount of commission they wi…

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Insurance stocks climb on government’s common licence proposal for all insurance businesses

The Nirmala Sitharaman-led Ministry of Finance announced its proposed amendments on November 29 …

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1 min read

Debasish Panda appointed IRDAI Chairman after 11 months of vacant position

Subhash C. Khuntia retired as IRDAI chief in early May 2021 and the government didn't fill up …

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The Indian insurance sector creates a ₹500 crore fertilizer pool to cover Russian exports

"With European reinsurers not willing to provide reinsurance support to imports from Russia and …

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4 mins read

8 things to consider while buying health insurance, after the pandemic

Policyholders are increasingly looking at health insurers for wellness benefits and wider coverage …

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ICICI Lombard gets final approval to acquire Bharti AXA

ICICI Lombard General Insurance Company on Friday said sectoral regulator Irdai has given its final…

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Axis Bank trims its investment in Max Life Insurance from 30% to 18%

“Axis Bank now proposes to acquire 17.002% of the equity share capital of Max Life, resulting in…

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Irdai proposes changes in vehicle depreciation calculation

New Delhi, Nov 25 () Irdai on Monday proposed vehicle new age-based depreciation formula for comput…

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IRDAI chief cautions insurers against predatory pricing

New Delhi, Jan 17 () Insurance Regulatory and Development Authority of India (IRDAI) chairman S C K…

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Design policy to cover coronavirus treatment: Irdai to insurance cos

"For the purpose of meeting health insurance requirements of various sections, insurers are advised…

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Irdai issues guidelines to protect interest of policyholders of merged banks

New Delhi, Jan 28 () Group health insurance policies of customers of the public sector banks slated…

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Irdai relaxes timeline for insurers to submit reinsurance plans for FY21

Issuing guideline on relaxation of timelines for certain provisions of the IRDAI (Re-insurance) Re…

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Insurance regulatory IRDAI gives in-principle approval for Bharti AXA-ICICI Lombard merger deal

Upon closing of the proposed transaction, the consolidated entity will have a market share o…

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Irdai asks insurers to expeditiously settle Delhi riot victims' claims

Insurance Regulatory and Development Authority of India (Irdai) in a set of instructions to the ins…

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COVID-19: Irdai again extends grace period for life insurance policies

"On a review of the recent situation of lockdown resulting from global pandemic of COVID-19 across…

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COVID-19: Irdai allows insurers to collect health insurance premiums in instalments

"In view of prevailing conditions owing to COVID-19 outbreak, considering the need for easing the …

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SAT directs Irdai to recalculate unlawful gains in SBI Life case

New Delhi, Jan 30 () The Securities Appellate Tribunal (SAT) has directed insurance regulator Irdai…

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