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Insurance Watch Dog To Treat Green Bond Purchases As Infrastructure Investments
The Insurance Regulatory and Development Authority of India said the move was made with the objective of "de-concentration and diversification" of insurers' infrastructure portfolios.
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Retired IAS Officer Debasish Panda Appointed IRDAI Chief
Government has appointed retired IAS officer and former financial services secretary Debasish Panda as chairman of IRDAI
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Madras High Court Withdraws Order On Bumper-To-Bumper Insurance
Madras High Court has withdrawn its earlier order directing insurance companies to ensure bumper-to-bumper insurance for 5 years for new vehicles sold from September 1, 2021, after IRDA, others submitted it was impossible to implement the directive.
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Insurance Regulator's Reply Sought As Firm Doesn't Pay Full For Covid Death
The Delhi High Court has sought responses of the Delhi government and the Insurance Regulatory and Development Authority (IRDA) on a plea by a woman and her two children challenging an insurance firm's decision not to pay the entire insured amount on
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"Many Won't Get Insurance Benefit Due To Lack Of Hospitalisation": Court
The Delhi High Court on Thursday said a large number of COVID-19 infected people would not be able to get insurance benefit as they could not secure a hospital bed due to the dearth of medical infrastructure and asked IRDA to look into the issue.
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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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What Changes In Your Health Insurance Policy From October 1: 5 Points
IRDAI New Health Insurance Rules Implementation from 1st Oct 2020: The changes are aimed at making health insurance plans broader - covering more treatments - and more simplified.
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Top Court Sends Notice To Centre On Plea Over Mental Health Law
The Supreme Court Tuesday sought response from the Centre and the Insurance Regulatory Development Authority (IRDA) on a plea alleging violation of provisions of Mental health law, which deals with right to equality and non-discrimination.
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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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Regulator IRDA Cancels Pledge Enforcement Of Reliance General Insurance Shares
IRDA said that the enforcement of pledge is null and void and not in accordance with law. The insurance regulator said its prior approval was not taken for the transfer.
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Soon Your Driving Habits Could Determine Your Vehicle Insurance Cost
Motor insurance premium in future may be determined through black box-based real-time monitoring of driving habits, vehicle usage and even distances covered, as per a proposal mooted by regulator Irda.
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Insurers Asked To Collect Agents' Aadhaar To Remove Duplication
Insurance intermediaries have been asked to collect the Aadhaar number and other details of trained and qualified persons of insurance intermediaries so as to be ready to upload the necessary information.
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Insurance Regulator Asks Reinsurers To Submit Overseas Transaction Details
The brokers are required to file return within 45 days of end of half-year beginning from the financial year 2016-17.
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Fairfax May Sell 25% Of ICICI Lombard In Up To $1 Billion Deal: Report
Fairfax has already submitted an initial proposal to India's insurance industry regulator, IRDA, for a new general insurance joint venture and met with the regulator this week,
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Fresh Merger Structure To Insurance Regulator By Max Life-HDFC Life
In the wake of Insurance Regulatory and Development Authority of India's (IRDA) reservation about the deal structure in the proposed merger of Max Life Insurance Company with HDFC Life, a new structure is likely to be submitted soon, IRDA officials said.
-
Insurance Watch Dog To Treat Green Bond Purchases As Infrastructure Investments
The Insurance Regulatory and Development Authority of India said the move was made with the objective of "de-concentration and diversification" of insurers' infrastructure portfolios.
-
Retired IAS Officer Debasish Panda Appointed IRDAI Chief
Government has appointed retired IAS officer and former financial services secretary Debasish Panda as chairman of IRDAI
-
Madras High Court Withdraws Order On Bumper-To-Bumper Insurance
Madras High Court has withdrawn its earlier order directing insurance companies to ensure bumper-to-bumper insurance for 5 years for new vehicles sold from September 1, 2021, after IRDA, others submitted it was impossible to implement the directive.
-
Insurance Regulator's Reply Sought As Firm Doesn't Pay Full For Covid Death
The Delhi High Court has sought responses of the Delhi government and the Insurance Regulatory and Development Authority (IRDA) on a plea by a woman and her two children challenging an insurance firm's decision not to pay the entire insured amount on
-
"Many Won't Get Insurance Benefit Due To Lack Of Hospitalisation": Court
The Delhi High Court on Thursday said a large number of COVID-19 infected people would not be able to get insurance benefit as they could not secure a hospital bed due to the dearth of medical infrastructure and asked IRDA to look into the issue.
-
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
-
What Changes In Your Health Insurance Policy From October 1: 5 Points
IRDAI New Health Insurance Rules Implementation from 1st Oct 2020: The changes are aimed at making health insurance plans broader - covering more treatments - and more simplified.
-
Top Court Sends Notice To Centre On Plea Over Mental Health Law
The Supreme Court Tuesday sought response from the Centre and the Insurance Regulatory Development Authority (IRDA) on a plea alleging violation of provisions of Mental health law, which deals with right to equality and non-discrimination.
-
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...
-
Regulator IRDA Cancels Pledge Enforcement Of Reliance General Insurance Shares
IRDA said that the enforcement of pledge is null and void and not in accordance with law. The insurance regulator said its prior approval was not taken for the transfer.
-
Soon Your Driving Habits Could Determine Your Vehicle Insurance Cost
Motor insurance premium in future may be determined through black box-based real-time monitoring of driving habits, vehicle usage and even distances covered, as per a proposal mooted by regulator Irda.
-
Insurers Asked To Collect Agents' Aadhaar To Remove Duplication
Insurance intermediaries have been asked to collect the Aadhaar number and other details of trained and qualified persons of insurance intermediaries so as to be ready to upload the necessary information.
-
Insurance Regulator Asks Reinsurers To Submit Overseas Transaction Details
The brokers are required to file return within 45 days of end of half-year beginning from the financial year 2016-17.
-
Fairfax May Sell 25% Of ICICI Lombard In Up To $1 Billion Deal: Report
Fairfax has already submitted an initial proposal to India's insurance industry regulator, IRDA, for a new general insurance joint venture and met with the regulator this week,
-
Fresh Merger Structure To Insurance Regulator By Max Life-HDFC Life
In the wake of Insurance Regulatory and Development Authority of India's (IRDA) reservation about the deal structure in the proposed merger of Max Life Insurance Company with HDFC Life, a new structure is likely to be submitted soon, IRDA officials said.
