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IRDA COMPETITION COMMISSION
Aviva's India officials approved brokerage model queried by taxmenIndian tax officials are investigating Aviva for a scheme that allegedly paid illegal commissions to agents from 2017 to 2023, using fake i...- Irda seeks clarifications on HDFC Life-Max dealMax Financial Services, in a filing to stock exchanges, said the regulator has expressed reservations about the scheme of amalgamation in i...
- Norms on management control in insurance companies soon: IRDAInsurance industry regulator said it would soon come up with guidelines on management control in insurance firms.
- Norms tightened for appointment of agents by insurersTo check ponzi-like activities in insurance sector, the new Ordinance has prohibited multi- layered agent structure for sale of insurance p...
- CCI rejects complaint against insurance regulator IrdaCCI has rejected charges that insurance regulator Irda's rules, which grant of corporate agency license to banks to sell insurance products...
- CCI rules out abuse of dominance by United India InsuranceCCI has rejected allegations of abuse of dominance against United India Insurance Co and its third party administrator E-Meditak.
- CCI rules out abuse of dominance by 4 insurance cos, IRDACompetition Commission has dismissed allegations of abuse of dominance by four insurance companies, including The New India Assurance Co, a...
- Irda seeks to come out of competition regulator's purviewInsurance regulator could seek immunity from the competition watchdog's authority on mergers in the sector, taking a cue from the Reserve B...
- Competition Commission to hear TPAs’ petition on Oct 13The Competition Commission of India (CCI) has set October 13 as the date for the hearing of the petition made by third-party administrators...
- TPAs move to scuttle non-life insurers' captive co planTPAs which manage health insurance claims have moved the competition commission & insurance regulator to block a move by state-owned non-li...
- Ulip row won’t affect investor confidence: Salman KhurshidMinister for corporate affairs Salman Khurshid on Wednesday set aside fears that the regulatory row between Sebi and Irda over market-linke...
- Investors need not worry over ULIP issue, says KhurshidCorporate Affairs Minister Salman Khurshid today downplayed fears that investors would lose confidence due to the row between SEBI and IRDA...
- Finmin should have resolved ULIP stalemate: CUTSConsumer think tank CUTS on Sunday said the stalemate between regulators SEBI and IRDA over administration of ULIPs should have been resolv...
- General insurers spend more on commission than rise in premiumIn its quest to shore up premium income in a market marked by economic depression, cut-throat competition, and massive undercutting, the ge...
- War over ULIPs shows the need of regulationThe battle between Sebi and IRDA over ULIPs shows the need for a road map for regulation as the evolution of financial services results in ...
- LIC plans to alter ULIP polices termsLife Insurance Corporation of India (LIC) was planning to raise minimum premium from Rs 25,000 to Rs 40,000 and increase the lock in period...
- IRDA sets ceiling on insurance commissionTo prevent insurance companies from paying more commission to agents and brokers than what guidelines allow, IRDA has banned payment of any...
- Competitive pay for CCI brass may have to waitThe brass at the Competition Commission of India would get the highest pay scale existing for civil servants, but they may have to wait for...
- New policy to lay down norms for sector watchdogs in worksRegulation of regulators is the next big item on the UPA government’s reforms agenda.The government is working on a policy that will govern...
- Insurer told not to victimise 45-plusIRDA has issued notice to Oriental Insurance Co for its biased policy against the middle-aged and the elderly.
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