Regulations for commission of insurance brokers likely in March"A sub-committee will decide on the quantum of cap on commission, though this and other remunerations for insurance brokers cannot be remov...
Insurers want declined risk pool to be dismantledThe non life insurance industry wants the newly formed declined risk pool to be dismantled, said senior Irda official.
Irda wants to continue with declined risk pool for third-party motor coverIrda is open to the idea of dismantling the declined risk pool for third-party motor cover, as demanded by general insurance companies.
- Insurance cover for nuclear accidents likely
According to US-India Business Council (USIBC) the Indo-US nuclear deal could open up investment opportunities to the tune of USD 500 billi...
- Guidelines for life insurance cos IPOs by early Feb: Irda
As per the draft guideline compiled by Irda, insurance companies which are in operation for the last 10 years would only be eligible for co...
- Draft norms on health insurance portability by February
"Draft guidelines on portability of health insurance policies will be issued by February-end," IRDA Chairman J Hari Narayan told reporters.
- Insurance sector to witness stable growth: IRDA
The "breakneck speed" of growth which the Insurance sector witnessed post 2002 is over and the sector is expected to witness "respectable a...