Page 4 of Irdai

Balasore: Irdai directs insurers to fast settle claims

In a statement, SBI Life Insurance said to mitigate the hardships of the claimants of the company, it has taken…

June 6, 2023 04:50 IST

irdai, insurance, insurance for all, insurance market in india,

IRDAI working on three-pronged approach to ensure ‘insurance for all by 2047’

Observing that Indian economy today is at an inflection point, he said, the country is among the fastest-growing economies in…

May 25, 2023 18:31 IST

Some pain points addressed in surety bonds, more changes possible if need arises: Irdai

The surety bond insurance is a risk transfer tool for the principal and shields the principal from the losses that…

Updated: May 25, 2023 15:31 IST

Irdai forms task force to facilitate ease of doing KYC using Aadhaar

“In the absence of the Unique Customer Identification in the insurance sector, insurance companies are facing various issues while providing…

May 17, 2023 20:00 IST

Getting surety-bonds ready

India’s infrastructure vision requires a quantum of bank guarantees that the banking system can’t provide. Surety bonds are the alternative…

May 17, 2023 04:25 IST

Irdai relaxes norms for surety bonds to expand market for such products

Irdai said the amendments have been made on the basis of the evaluation of various representations received.

May 16, 2023 22:12 IST

SBI, HDFC, Axis, ICICI or any other credit card user? Check new IRDAI rule for loan payment

IRDAI News Insurance Loan Payment With Credit Card Rule: No more loan against insurance payment with credit card allowed.

May 6, 2023 10:09 IST

Irdai proposes to amend norms on insurance advertisement

In order to tighten the regulatory framework on issuing advertisements by insurance companies to curb mis-selling in the sector, regulator…

May 6, 2023 01:40 IST

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

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