Searched for
IRDAI ANNOUNCES NORMS
Financial sector regulators to work on universal KYCFinancial sector regulators, led by the RBI, are developing a universal KYC framework with the CKYCR to streamline verification processes. ...- IRDAI announces norms to boost governanceThese regulations focus on safeguarding policyholders' interests, rural and social sector responsibilities, electronic insurance marketplac...
- HDFC bonds can't retain infra tag after merger: RBI"The RBI has communicated to HDFC Bank that there is a technical hurdle in giving the infrastructure tag to bonds issued by the former HDFC...
- Insurance regulator relaxes norms for investments in HDFCIRDAI has said that the exemption will only be with respect to holdings of the respective insurers as on June 30, 2023, and will be scaled ...
- Irdai forms task force to facilitate ease of doing KYC using Aadhaar for policyholders: What will be coveredThe Insurance Regulatory and Development Authority of India (Irdai) has announced the formation of a task force to enable the use of Aadhaa...
- IRDAI closely monitors insurers’ investments, intervenes if necessary: Chairman Debasish Panda"The IRDAI has an extensive framework for regulating and monitoring investments made by insurance companies, which is applicable on both th...
- Tax probes against insurers may go on despite IRDAI's new commission normsWhile the GST authority is probing them for fake input tax credit, the tax department is investigating them for alleged tax evasion by viol...
- IRDAI's new rules for commission payouts may lead to better pricingWhile the Payment of Commission Regulations, 2023, removes previous caps on payments, the Expenses of Management (EOM) Regulations, 2023, a...
- IRDAI cautions insurers against loading up on bonds of HDFC cosEarly April, mortgage lender Housing Development Finance Corp (HDFC) proposed the merger with HDFC Bank. After the announcement, insurers w...
- Insurers can now launch new health insurance products without IRDAI’s nodEarlier the flexibility was given for group insurance products but now retail products have also come under the new norms.
- Catering to consumers in coronavirus times, IRDAI pushes new products, easier KYC normsIRDAI was quite prompt in announcing measures that made protection products easily available to all amid the pandemic. Industry expects the...
- Govt insurance firms, pension funds may power Fund-of-fundsCurrently, talks are on between various government agencies such as DPIIT, and industry regulators including the Insurance Regulatory and D...
- Foreign reinsurers may be allowed to open satellite offices in GIFT cityPresently, foreign reinsurers which already have branches in India have to apply for a fresh licence in GIFT City, enjoying taxation benefi...
- Regulator raises alarm over poor health of National Insurance CompanyGovt will need to infuse around Rs 3,000 crore in insurer to keep it afloat for the next two quarters.
- Govt may infuse Rs 2,000 cr in loss-making non-life PSUsThe department of financial services has been asked to prepare a plan, which sources said would require about Rs 2,000-crore infusion in th...
- Max Life scouting for biz opportunities with insurance companies: MD Rajesh Sud"We will be looking for biz opportunities both with private and public sector banks (who are into life insurance business)," Max Life MD sa...
- Irdai to release exposure draft on listing of insurance firmsIt is the first time in the past five years that the life insurance industry posted a double-digit growth in terms of both premium income a...
- Reliance General expects three-fold rise from bancassuranceIn absolute terms, premium collection by selling insurance policy through bank branches would go up Rs 300 crore, Reliance General CEO Rake...
- Revised IPO guidelines soon for insurance firms: IRDAI"Business has been good for all insurance companies in April. If this trend continues, we can expect higher growth in financial year 2016-1...
- IRDA forms panel for transparency in motor insuranceThe committee to be headed by a senior official of IRDAI will comprise members from insurance companies and auto industry.
Load More
