Page 4 of Irdai

IRDAI refulator, new member (Life) IRDAI BC Patnaik, Life insurance, IRDAI

Irdai asks insurance companies to lay down social media guidelines for employees

IRDAI said that the personal image projected in social media affects an individual’s reputation and may affect the reputation of…

April 30, 2023 15:48 IST

Irdai, Insurance, Money, insurance regulator, Investment, Money

20 applications for insurance firms in pipeline: Panda

Panda was speaking at the Federation of Indian Chamber of Commerce and Industry’s annual insurance conference, ‘Winds of Reform’.

April 13, 2023 01:30 IST

Rating: Buy; ICICI Lombard to invest in digital

It aims to improve its capabilities to better serve its customers.

April 3, 2023 01:45 IST

LIC, GIC Re, New India, Irdai, Insurance, Money

LIC, GIC Re, New India remain Domestic Systemically Important Insurers: Irdai

Domestic Systemically Important Insurers (D-SIIs) refer to insurers of such size, market importance, and domestic and global interconnectedness, whose distress…

March 31, 2023 22:12 IST

Life insurers’ distribution cost may rise

Distribution cost for life insurers, which are not promoted by banks, may see a substantial rise on higher commission payouts,…

Updated: March 30, 2023 07:16 IST

Irdai allows insurers flexibility in paying commissions

The Irdai said that every insurer shall have a written policy for payment of commission, which shall be approved by…

March 29, 2023 01:30 IST

Insurance Info Bureau to be bolstered: Irdai chief

Panda said a new CEO has been appointed at the IIB as well as other key management personnel, including a…

March 7, 2023 05:20 IST

Irdai prefers cashless mode in health insurance

Insurance regulator Irdai has said it prefers the cashless mode in health insurance over the reimbursement mode.

March 4, 2023 03:15 IST

Irdai to treat purchase of green bonds as infra investments

“Investment in sovereign green bonds shall be treated as investment in infrastructure and shall be classified as Central Government Securities,”…

Updated: January 17, 2023 10:21 IST

Irdai member says number of life insurance firms stagnant

The number of life insurance companies in the country had remained at 24, with 23 firms operating for the last…

Updated: January 12, 2023 08:43 IST

unit-linked products, LIC unit-linked products , lic premium growth

Irdai annual report for 2021-22: Premium for traditional products sees double-digit growth

The share of unit-linked products in total premium marginally decreased to 14.47% in 2020-21, against 14.50% in 2019-20.

December 23, 2022 03:45 IST

Burning cost rates for fire insurance not to be embedded: Irdai

“The authority has observed that reinsurance treaty agreements in many instances include, as a precondition or prescription, the requirement to…

Updated: December 21, 2022 07:15 IST

insurance, life insurance, health insurance, general insurance, insurance agents, Insurance Regulatory and Development Authority of India, IRDAI, insurance for all, insurance companies, insurance penetration

IRDAI’s new notification throws open wider choices for customers, corporate agents

The measures taken by the IRDAI would help in increasing the insurance penetration in the country, as a corporate agent…

December 13, 2022 18:46 IST

insurance, insurance sector reforms, Insurance Regulatory and Development Authority of India, IRDAI, general insurance, life insurance, corporate agents

IRDAI 11-point reforms aim to achieve the mission of ‘Insurance for all by 2047’

The reforms recently announced by the IRDAI would help in bolstering the ease of doing business and will aid in…

November 30, 2022 11:56 IST

irdai, insurers, insurance, FRBs, IFSC insurance office,

Irdai proposes increase in cession limits of insurers

It had released the first draft on October 21 after reviewing the current regulations, IRDAI (Reinsurance) Regulations, 2018.

November 27, 2022 05:50 IST

Irdai proposes management expense limit for insurers

The Insurance Regulatory and Development Authority of India (Irdai) has also proposed to remove caps on payment of commission to…

Updated: November 24, 2022 13:10 IST

Foreign reinsurers get nod to repatriate excess assigned capital

Issuing a circular on repatriation of assigned capital by FRBs and Lloyd’s India, the Insurance Regulatory and Development Authority of…

Updated: October 27, 2022 07:22 IST

mental illness, mental illness insurance, mental illness coverage

Irdai tells insurers to cover mental illness by month-end

“Insurers are requested to confirm compliance before October 31, 2022,” Irdai said in a circular issued on Tuesday.

October 20, 2022 05:40 IST

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Defence sector manufacturing on overdrive: Key projects driving Rs 1.5 lakh crore growth

Business51 min ago

India is experiencing a surge in local defence manufacturing, resulting in a rise in orders for both public and private sector companies. The industry is entering a prosperous phase with a Rs 10 lakh crore pipeline and a 15-year defence roadmap. Collaboration between public and private companies, including Hindustan Aeronautics, Larsen and Toubro, and Tata Advanced Systems

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