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AJAY SETH IRDAI
Irdai asks insurers to tie senior exec performance to customer serviceIndia's insurance regulator, Irdai, is changing how insurance company executives are evaluated. Performance and pay will now be linked to c...
Finance Ministry plans to broaden Actuaries Act scope beyond insurance, pensionsThe finance ministry is set to update the Actuaries Act, 2006. This will expand actuarial science to include data science and risk manageme...
Lost insurance records? Here’s how IRDAI’s Public Insurance Registry aims to fix the problem for policyholdersIndia's insurance sector is set for a major upgrade. The IRDAI is creating a Public Insurance Registry and Bima Sugam platform. These initi...
IRDAI holds talks on Public Insurance Registry designIndia's insurance regulator, IRDAI, met with industry leaders to discuss the new Public Insurance Registry and Bima Sugam platform. This di...
India needs more qualified actuaries, says IRDAI chairmanIndia's insurance sector faces a significant shortage of qualified actuaries. This talent gap is critical as risks from inflation, healthca...
Irdai steps in to ease friction between insurers & hospitals: Payments, package rates & cashless processesIrdai, India's insurance authority, is stepping up to harmonize relations between health insurers and hospitals through active discussions ...
‘High claim ratio, but lower payouts’: Irdai raises concern over incomplete health claim settlements, says it is watching closelyIrdai is scrutinizing the discrepancy between settled health insurance claims and the actual amounts paid, as over half of ombudsman compla...
Insurers told to pass on the benefits of GST reductionOn Wednesday, the insurance regulator directed insurers to pass on the benefits of the GST removal on life and health insurance premiums to...
Irdai Chief holds a virtual meet with insurance CEOsAjay Seth, the new chairman of Irdai, engaged with insurance CEOs in a virtual meeting, receiving an overview of the industry's performance...
RBI panel on financial stability reviews US tariff impact, financial inclusion effortsThe Financial Stability and Development Council convened to address potential economic challenges arising from US tariffs and geopolitical ...
Irdai hardens stance: No insurance licence to VC-backed fintechsIrdai is reportedly tightening its grip on insurance manufacturing licenses for venture-backed fintech startups, favoring promoter-driven c...
Ajay Seth appointed IRDAI chairman after 5-month gapAjay Seth has taken over as chairman of the IRDAI, filling a five-month vacancy. His appointment comes as the insurance sector faces challe...
Ajay Seth appointed as IRDAI chairmanAjay Seth, a 1987-batch IAS officer, has been appointed as the chairman of IRDAI for a three-year term, succeeding Debasish Panda. With ove...
Govt appoints former Finance Secretary Ajay Seth as IRDAI chairman for 3 yearsThe Indian government has appointed former Finance Secretary Ajay Seth as the chairman of Insurance Regulatory and Development Authority of...
Finance Minister to review economy at FSDC meeting on Feb 21The FSDC meeting will also review activities undertaken by the FSDC sub-committee chaired by the RBI governor and the action taken by membe...
FSDC sub-committee reviews global economic situation"The Sub-Committee reviewed the major developments in the global and domestic economy as well as in various segments of the financial syste...
FM Nirmala Sitharaman to review state of economy at FSDC meeting on September 15The meeting will review the current global and domestic economic situation and financial stability issues, including those concerning banki...
LIC IPO to go ahead despite market volatility: Nirmala SitharamanThe government is keeping a close eye on global developments due to the tension between Ukraine and Russia and will like to see a diplomati...
RBI Guv-headed FSDC sub-committee reviews economic situation"The members resolved to maintain a close watch on the unfolding developments and act proactively to ensure that financial institutions and...
Regulators to ensure resilience of financial market: FSDC sub-committee"The members resolved to remain vigilant and proactive to ensure financial markets and financial institutions remained resilient in the fac...