
“Investment in sovereign green bonds shall be treated as investment in infrastructure and shall be classified as Central Government Securities,”…
The number of life insurance companies in the country had remained at 24, with 23 firms operating for the last…
The share of unit-linked products in total premium marginally decreased to 14.47% in 2020-21, against 14.50% in 2019-20.
“The authority has observed that reinsurance treaty agreements in many instances include, as a precondition or prescription, the requirement to…
The measures taken by the IRDAI would help in increasing the insurance penetration in the country, as a corporate agent…
The reforms recently announced by the IRDAI would help in bolstering the ease of doing business and will aid in…
It had released the first draft on October 21 after reviewing the current regulations, IRDAI (Reinsurance) Regulations, 2018.
The Insurance Regulatory and Development Authority of India (Irdai) has also proposed to remove caps on payment of commission to…
Issuing a circular on repatriation of assigned capital by FRBs and Lloyd’s India, the Insurance Regulatory and Development Authority of…
“Insurers are requested to confirm compliance before October 31, 2022,” Irdai said in a circular issued on Tuesday.
After compelling the insurers to cover the treatment of Covid, insurance regulator IRDAI has now pushed them to cover treatment…
Irdai has also proposed to amend the existing regulations to provide “fit and proper criteria” for applicants desiring to carry…
General insurers said it is an exciting time for the industry as the regulator has initiated many simplification and consolidation…
IRDAI said the participants of Bima Manthan 2022 will get an opportunity to exhibit their innovative solutions before an eminent…
Issuing an ‘exposure draft’ on insurance intermediaries, the regulator said in order to facilitate “open architecture”, which will enable prospects…
The guidelines will be applicable to all classes of life, general or health insurance business.
It is proposed that an insurer shall be allowed an additional allowance towards the insurtech expenses incurred to the extent…
As per the existing norms, the insurance companies are required to take permission from the Insurance Regulatory and Development Board…
EGI launched SWITCH 2.0 under the regulator’s sandbox initiative, which measures not just how much you drive, but also how…
This is for the first time that Irdai has prescribed premium growth guidelines for individual companies. It has caused surprise…
Also, the driving factor is our persistency ratio, which has improved by 200 basis points (bps) on a y-o-y basis…
Irdai, in its orders dated July 7, said the two task forces may invite specialists for discussion.
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