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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  People Above 65 Can Also Buy Health Insurance Now

  The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024.

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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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  Reliance Eyes Foray Into Insurance Sector

  After announcing the demerger of its financial services arm, billionaire Mukesh Ambani's Reliance Industries Ltd is set to make another big move. The company is gearing up to enter the insurance business.

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  Car Insurance Premium To Factor In Your Driving Behaviour: Read

  The premium for car insurance will be decided as per the driving needs and those who use vehicles less frequently can benefit.

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  Auto Insurance: New 'Pay As You Drive, How You Drive' Motor Insurance Rule Announced

  The Insurance Regulatory and Development Authority of India (IRDAI) has revealed new motor insurance rules that will allow the users to pay for insurance as per their automobile usage.

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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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  LIC Leads Life Insurer's New Business Premium Growth Of 84% In April

  Life insurance companies logged 84 per cent growth in their cumulative new business premium at Rs 17,940 crore in April 2022, primarily helped by LIC, IRDAI data showed.

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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