Insurance broker running 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.

IRDAI, Insurance

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.

life insurance companies soon to offer mediclaim policy, indemnity based health policies by life insurance companies, IRDAI set Committee, GIC, LIC, general insurance company, insurer, insurance holder

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

health insurance, Coronavirus, Super-top up plan, employer-provided health-cover, medical expenses

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

public sector banks

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

irda investment guidelines, newInvestment norms,

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...

insurance sector

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.

Insurance bill

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.

life insurance claim

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.

NGT ban: Auto companies seek clarity on sold, unregistered vehicles

Insurance regulator mulls no fee for change in nomination

Observing policyholders' right to effect changes in nomination, sectoral regulator IRDA is proposing...

Insurance, Insurance regulator, Nomination, Nomination for insurance, no fee for change in nomination

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...

Life insurance - NPS

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.

Growth eludes life insurers except some bank-promoted players

An ongoing churn in life insurance products has made growth elusive for insurers...

Income Tax Calculator, Budget 2019, How to Calculate Income Tax

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