IRDA
Insurance broker running RenewBuy.com fined Rs 1 crore by IRDAI. Here’s why
The broker was accused of using the brand name "renewbuy" for soliciting insurance online without "visibly and clearly displaying the Broker's name on the website."
Beware! Don’t buy motor insurance from this company; IRDAI sounds alarm
The Insurance Regulatory and Development Authority of India has issued against dealing with a Bangalore-based entity - 'Digital National Motor Insurance'.
IRDA: बीमा कंपनियों के विज्ञापन के लिए आएंगे नए नियम, बढ़ा-चढ़ाकर दावे करने पर लगेगी रोक
Irdai New Regulations for Advertisement: बीमा कंपनियों के विज्ञापनों पर इंश्योरेंस रेगुलेटर इरडा की नजर है.
लाइफ इंश्योरेंस कंपनियों से भी खरीद सकेंगे मेडिक्लेम पॉलिसी, सरकार ला रही है नया नियम
जल्द ही आप जीवन बीमा कंपनियों से भी अपने लिए मेडिक्लेम पॉलिसी खरीद सकते हैं.
सरकारी बैंक कर्मचारियों के लिए अलर्ट! ग्रुप हेल्थ इंश्योरेंस पर IRDAI ने जारी की ये गाइडलाइन
अगर आप उन सरकारी बैंकों के कर्मचारी हैं, जिनका मर्जर किसी दूसरे बैंक में हुआ है या होने
IRDA okay with LIC investment in public sector banks
According to an official, the regulator did not find anything wrong with its investment pattern in PSU banks. Earlier, the RBI had expressed concern over LIC making huge investments in PSU banks, saying it can “affect the f
New investment norms: IRDA may bring clarity on instruments, procedures
Timing crucial as pressure builds on insurers to invest in tier-I bonds of banks
IRDAI issues guidlines on FDI in insurance firms
IRDAI issued guidelines to bring in more clarity on the issue of compliance with the manner of Indian-owned and-controlled companies.
Banking On Insurance
Tighter norms issued by the IRDA will make banks liable.
Irdai guidelines may delay transition to paperless system
In September 2013, Insurance Regulatory and Development Authority of India (Irdai) had launched the insurance repository system as a pioneering act even at a global level.
Irda asks Bharti-AXA to rework shareholder pact
Four months after the Foreign Investment Promotion Board and the Competition Commission of India had cleared European insurance major AXA SA’s proposal to hike its stake in its life and non-life insurance ventures with Bhar
Final guidelines on ‘management control’ for insurers in December: IRDA
Insurance industry in the last few years had seen muted growth , but participants believes that with FDI up to 49% in Insurance sector more players will bring in capital to expand their business...
General insurers agree to retain 5% compulsory cession
Public sector insurance companies, including New India Assurance, have suggested retention of the five per cent compulsory reinsurance business with state-owned GIC Re.
Final word on Ulip fund investments from Irdai in Aug
Irdai in the first week of July had sent exposure drafts on investments that mandated at least 25% of unit linked insurance plans Ulips funds to be invested in central government securities.
Life insurers convey concerns over draft Ulip norms to Irdai
The draft guidelines issued by Irdai mandate at least 25% of Ulip funds to be invested in Central government securities. Industry players believe this move could lead to lower participation from retail investors
Global reinsurance giants set eyes on India market
John Nelson, chairman, Lloyd’s, said, “this (new Bill) is great news for Lloyd’s as the Bill allows the Lloyd’s market to operate in India.
Third party premium on vehicles set to see a sharp hike
Vehicle owners will have to shell out a higher amount as third party insurance premium from the next financial year.
Insurance regulator mulls no fee for change in nomination
Observing policyholders' right to effect changes in nomination, sectoral regulator IRDA is proposing...
Ordinance impact: Govt can dilute stake in PSU insurers
The government is now in a position to dilute its equity stake by up to 49 per cent in five public sector general insurance companies...
You can return your health cover within 15 days if it doesn’t meet your expectations: Know more
All new individual health insurance policies will now have a 15-day free-look period from the date of receipt.
FICCI to conduct health insurance conference in New Delhi
Titled 'Health Insurance 2.0: Leapfrogging beyond Hospitalization,' the event is expected witness a participation of over 300 delegates
Irda for Jan Bima Yojna to boost awareness & reach
To increase awareness and deepen insurance sector’s reach among the masses, the government must...
Private insurers outpace market
The state-owned insurer Life Insurance Corporation’s collections fell 5% y-o-y.
