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IRDA LICENSE
Acko gets final Irda license; to start operations by DecemberWe have received final license within a year of filing the application, said Varun Dua CEO designate Acko General Insurance.- Insurance cos can hire agents without IRDA license from April 1IRDA chairman TS Vijayan said the regulator also plans to make health insurance, so far considered as part of non-life sector, a standalone...
- Irda slaps Rs 31 lakh fine on Canara HSBC OBC Life InsuranceThe insurer has accepted the delay in dispatch of policy documents arising out of internal processing/system related issues, Irda said.
- 'Irda favours lifting cap on agent fees'Insurance Regulatory and Development Authority (Irda) chairman T S Vijayan is slated to meet members of Parliamentary panel on Insurance La...
- Jammu & Kashmir claims: Irda ups limit of loss required to be surveyed to Rs50kIt said the dispensation is given to insurers to ensure expeditious settlement of claims and for mitigating hardships to policyholders in J...
- 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...
- Sebi, Irda views on holding co structure to be final: RBIFaced with queries on regulatory overlap from potential new bank applicants, the Reserve Bank today said that while it has prescribed the "...
- Allot new agents in case of removal of existing ones: IRDAIRDA today said life insurance companies will have to allot new agents to policyholders in case of removal of existing agents.
- Mahindra Satyam to develop IRDA's IT projectMahindra Satyam has been selected by insurance regulator IRDA to develop and implement an IT system for monitoring surveyors.
- IRDA fines six general insurers for non-adherence to corporate agency normsThe Insurance Regulatory Development Authority has fined six insurers Rs 5 lakh each for tying up with corporate agents of Maruti Suzuki In...
- L&T Infotech selected for IRDA IT project'Based on the detailed scrutiny, L & T Infotech has been formally selected as an Implementation Agency for Business Analytics Project.'
- IRDA cancels PNB Principal Insurance Broking licenceInsurance regulator IRDA today said it has cancelled the licence of PNB Principal Insurance Broking pursuant to their request for surrender.
- IRDA imposes Rs 10 lakh fine on Reliance LifeIRDA has fined Reliance Life Insurance 10 lakh for paying excess referral fees and selling policies before they have been approved by the r...
- L&T General Ins plans to start operations in next 3-5 monthsL&T General Insurance is readying to launch its operations in the next 3-5-months, a top company official said.
- IRDA to make on-line exams mandatory for insurance agentsIndividuals aspiring to become insurance agents will have to write the qualifying exam on-line. The insurance regulator IRDA is set to scra...
- First-year windfall may be shortlived for life policy agentsThe Insurance Regulatory & Development Authority (IRDA) is likely to look at lowering first-year commissions paid by life insurance compani...
- IRDA norms for standalone health cos soonThe Irda said that it would develop a separate regulation for health insurance in six months.
- Irda tells insurers to be strict on identity proofsInsurance regulator Irda has made it clear that there should be "no dilution" of documents required for identity and proof of residence of ...
- Life gets tough for insurersIn an effort to bring about discipline among life advisors, the Insurance Regulatory & Development Authority (IRDA) has decided to revise t...
- Insurers need Irda okay to open new branchesInsurance companies now need to report branch expansion plans to the Insurance Regulatory and Development Authority .
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