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IRDA News

Insurers keen on more tie-ups with MFIs for rural penetration

Sector regulator Irdai on November 25, 2022 approved major changes in various regulations.

January 17, 2023 00:05 IST

Indian Renewable Energy Development Agency to lend Rs 4,444 crore to SJVN Green Energy

Pradipta Kumar Roy, DGM (IREDA), and S L Sharma, CEO (SGEL), signed the loan agreement in the presence of Pradip…

December 15, 2022 16:51 IST

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Bima Sugam: Will Demat account become mandatory for policyholders?

Bringing in a big reform, the IRDAI has announced the launching of Bima Sugam – a platform that would bring…

October 12, 2022 13:35 IST

Healthcare, insurance sector regulator Irdai

Allow us to regulate hospitals to protect policyholders interest: Irdai member

The member explained that as an insurance regulator, Irdai wants to protect public against continuous increase in health insurance premiums.

December 6, 2021 20:40 IST

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…

July 2, 2021 15:12 IST

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…

February 12, 2021 08:47 IST

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…

March 20, 2016 07:25 IST

irda investment guidelines, newInvestment norms,

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

November 29, 2015 07:56 IST

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.

October 20, 2015 09:56 IST

Banking On Insurance

Tighter norms issued by the IRDA will make banks liable.

October 5, 2015 00:30 IST

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…

September 22, 2015 00:02 IST

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…

September 14, 2015 00:57 IST

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…

August 21, 2015 16:39 IST

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…

August 2, 2015 08:40 IST

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…

Updated: July 29, 2015 03:41 IST

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.…

July 14, 2015 00:15 IST

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…

March 17, 2015 08:18 IST

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

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.

February 8, 2015 09:53 IST

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

Insurance regulator mulls no fee for change in nomination

Observing policyholders’ right to effect changes in nomination, sectoral regulator IRDA is proposing…

January 25, 2015 15:28 IST

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…

January 3, 2015 09:49 IST

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.

Updated: February 4, 2015 12:54 IST

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

Updated: December 4, 2014 18:28 IST

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