Acko founder Varun Dua anticipates regulatory changes to insurance distributor commissions will drive consolidation and professionalization...

Insurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...

Families need more than ₹1 crore in term insurance. Rising expenses and loans mean a higher cover is essential. Experts suggest ₹1.5 crore ...

A Mumbai court has taken cognisance of a money laundering case filed by the Enforcement Directorate. The complaint names former Religare ex...

Indian insurers are rethinking how they assess cyber risks. Regulators have asked them to review exposure to artificial intelligence-driven...

Indian insurers are opposing new rules for executive pay. The regulator wants to link compensation to customer service, not just profits. I...

The IRDAI is developing a more detailed framework for performance-linked key performance indicators (KPIs) for insurance company executives...

A Bombay High Court ruling favored policyholders, stating insurers cannot reject claims solely for delayed document submission beyond the 9...

India's banking and insurance regulators are against allowing lenders and insurers to trade in commodity markets due to valid concerns, acc...

MCX shares fell after SEBI signalled that banks and insurers are unlikely to be allowed into commodity derivatives. SEBI chief Tuhin Kanta ...

"Foreign investment in this sector shall be subject to compliance with the provisions of the Insurance Act, 1938(4 of 1938), and the condit...

The central government has notified 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing foreign...

India's insurance regulator, IRDAI, urged banks to address concerns regarding mis-selling of insurance products through their channels. Thi...

IRDAI Chairman Debasish Panda stressed the need for insurers to adapt to disruptions and aim for 'insurance for all' by 2047. Speaking at a...

According to the PIL filed by a social activist, IRDAI’s executive director Mr. Rao was a former RBI senior official and was appointed by I...

There are some issues, the companies are working on it. That is a complex issue. I won't be able to explain it, Irdai Chairman T S Vijayan.

The Insurance Development and Regulatory Authority of India says insurance portability will be the next big issue the industry should take ...