Insurance Regulator Irdai
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Doctors' Body Flags Saif's Mediclaim Approval, Cites "Troubling Trend"
Days after Niva Bupa swiftly approved a medical insurance claim from actor Saif Ali Khan's family after the shocking attack on him, an organisation of medical professionals has written to insurance regulator IRDAI
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Policy Loan Facility Mandatory In Life Insurance Savings Products: IRDAI
Regulator Irdai on Wednesday said the facility of policy loan is now mandatory in all life insurance savings products, enabling policyholders to meet liquidity requirements.
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LIC Announces Relaxations For Settlement Of Claims Of Those Hit By Biparjoy
Following insurance regulator Irdai directive, LIC on Saturday announced concessions to mitigate the hardships of the claimants of policies and also of Pradhan Mantri Jeevan Jyoti Bima Yojana affected by the Cyclone Biparjoy.
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Working To Ensure "Insurance For All By 2047": Regulator IRDAI Chairman
IRDAI Chairman Debasish Panda on Thursday said the regulator is working on three-pronged approach -- availability, accessibility and affordability -- to ensure 'Insurance for All by 2047'.
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Insurers Praise Move To End Credit Card Repayment For Loans On Insurance
Regulator Irdai's decision to bar repayment of loans taken against life insurance policies through credit cards is a good move and will prevent policyholders from falling into a debt trap, according to insurers.
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Insurance Sector Needs Rs 50,000 Crore Capital Per Year For Growth: Regulator
Irdai's chief appealed to business conglomerates to channelise funds into the sector, saying the return on equity is at a healthy 14 per cent for life insurers and 16 per cent for non-life.
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Insurance Regulator Wants Discount For Policyholders With 3 Vaccine Doses
Amid a surge in coronavirus cases in several countries, regulator Irdai has asked insurers to consider giving discount on renewal of general and health insurance policies to policyholders who have taken three shots of COVID-19 vaccine.
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Insurance Regulator Proposes Allowing Insurers To Invest In Unlisted Firms: Report
India's insurance regulator has proposed to the government that insurers be allowed to buy over 10% of unlisted firms without approval, regulatory and industry sources said.
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Insurance Regulator In Talks With Centre Over Easing Rs 100 Crore Entry Cap For Insurers
The Insurance Regulatory and Development Authority of India (IRDAI) has suggested the government to ease the minimum capital requirement of Rs 100 crore.
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Life Insurance Products Can Be Launched Without Prior Approval: IRDAI
Insurance regulator (IRDAI) on Friday allowed insurers to launch new life insurance products without its prior approval.
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Insurance Regulator Approves Axis Entities' Stake Acquisition In Max Life Insurance
The IRDAI approval was an integral step in this long-awaited joint venture transaction which was first announced in April 2020
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Irdai Recommends Standard Rules For Travel Insurance
The insurance regulator's draft details coverage and exclusions under domestic and overseas travel insurance
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Insurance Regulator IRDA Clarifies On Revision In Health Insurance Premium
The Insurance Regulatory and Development Authority of India clarified that insurers were permitted to change the base premium after approvals
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Offer Health Policy For COVID-19 By July 10: Regulator To Health Insurers
IRDAI has asked the insurance firms to offer two health insurance policies - Corona Kavach Policy and Corona Rakshak Policy.
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IRDAI Withdraws Long-Term Motor Vehicle Insurance Package Cover For New Cars & Two-Wheelers
The Insurance Regulatory and Development Authority of India (IRDAI) on Monday officially released a circular mentioning the withdrawal of long-term motor insurance package plans including 3rd party insurance as well as own damage. This will come into effect from August 1, 2020. The insurance regulator decided to withdraw the long-term insurance pac...
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Doctors' Body Flags Saif's Mediclaim Approval, Cites "Troubling Trend"
Days after Niva Bupa swiftly approved a medical insurance claim from actor Saif Ali Khan's family after the shocking attack on him, an organisation of medical professionals has written to insurance regulator IRDAI
-
Policy Loan Facility Mandatory In Life Insurance Savings Products: IRDAI
Regulator Irdai on Wednesday said the facility of policy loan is now mandatory in all life insurance savings products, enabling policyholders to meet liquidity requirements.
-
LIC Announces Relaxations For Settlement Of Claims Of Those Hit By Biparjoy
Following insurance regulator Irdai directive, LIC on Saturday announced concessions to mitigate the hardships of the claimants of policies and also of Pradhan Mantri Jeevan Jyoti Bima Yojana affected by the Cyclone Biparjoy.
-
Working To Ensure "Insurance For All By 2047": Regulator IRDAI Chairman
IRDAI Chairman Debasish Panda on Thursday said the regulator is working on three-pronged approach -- availability, accessibility and affordability -- to ensure 'Insurance for All by 2047'.
-
Insurers Praise Move To End Credit Card Repayment For Loans On Insurance
Regulator Irdai's decision to bar repayment of loans taken against life insurance policies through credit cards is a good move and will prevent policyholders from falling into a debt trap, according to insurers.
-
Insurance Sector Needs Rs 50,000 Crore Capital Per Year For Growth: Regulator
Irdai's chief appealed to business conglomerates to channelise funds into the sector, saying the return on equity is at a healthy 14 per cent for life insurers and 16 per cent for non-life.
-
Insurance Regulator Wants Discount For Policyholders With 3 Vaccine Doses
Amid a surge in coronavirus cases in several countries, regulator Irdai has asked insurers to consider giving discount on renewal of general and health insurance policies to policyholders who have taken three shots of COVID-19 vaccine.
-
Insurance Regulator Proposes Allowing Insurers To Invest In Unlisted Firms: Report
India's insurance regulator has proposed to the government that insurers be allowed to buy over 10% of unlisted firms without approval, regulatory and industry sources said.
-
Insurance Regulator In Talks With Centre Over Easing Rs 100 Crore Entry Cap For Insurers
The Insurance Regulatory and Development Authority of India (IRDAI) has suggested the government to ease the minimum capital requirement of Rs 100 crore.
-
Life Insurance Products Can Be Launched Without Prior Approval: IRDAI
Insurance regulator (IRDAI) on Friday allowed insurers to launch new life insurance products without its prior approval.
-
Insurance Regulator Approves Axis Entities' Stake Acquisition In Max Life Insurance
The IRDAI approval was an integral step in this long-awaited joint venture transaction which was first announced in April 2020
-
Irdai Recommends Standard Rules For Travel Insurance
The insurance regulator's draft details coverage and exclusions under domestic and overseas travel insurance
-
Insurance Regulator IRDA Clarifies On Revision In Health Insurance Premium
The Insurance Regulatory and Development Authority of India clarified that insurers were permitted to change the base premium after approvals
-
Offer Health Policy For COVID-19 By July 10: Regulator To Health Insurers
IRDAI has asked the insurance firms to offer two health insurance policies - Corona Kavach Policy and Corona Rakshak Policy.
-
IRDAI Withdraws Long-Term Motor Vehicle Insurance Package Cover For New Cars & Two-Wheelers
The Insurance Regulatory and Development Authority of India (IRDAI) on Monday officially released a circular mentioning the withdrawal of long-term motor insurance package plans including 3rd party insurance as well as own damage. This will come into effect from August 1, 2020. The insurance regulator decided to withdraw the long-term insurance pac...
