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IRDAI CONSULTATION PAPER
IRDAI’s insurance reforms: Why fixing commissions matters more than tracking sellersSome carmakers sell vehicles without a spare wheel, offering just a puncture repair kit instead. Nobody proposes a register of the salesmen...
Irdai digs into life insurers' costs beyond commissionsIrdai now seeks operating expense data, excluding commissions, from life insurers. This move aims to revamp the industry's distribution fra...
Insurance regulator IRDAI plans overhaul of commission rules to curb mis-selling, sources sayIndia's insurance regulator is set to overhaul distributor commissions, proposing payments spread over a policy's life to curb mis-selling ...
Two general insurance licences approved since 100% FDI move by govt: Irdai chairman Ajay SethIndia's insurance regulator has greenlit two proposals for 100% foreign ownership in general insurance firms, following the government's FD...
Sebi mulls allowing OBPPs to offer products regulated by IFSCA, tax-saving bondsMarkets regulator Sebi on Tuesday proposed allowing Online Bond Platform Providers (OBPPs) to offer products or services regulated by Inter...
Finance Ministry plans to broaden Actuaries Act scope beyond insurance, pensionsThe finance ministry is set to update the Actuaries Act, 2006. This will expand actuarial science to include data science and risk manageme...
IRDAI proposes Ind AS adoption for insurance sector from April 2026IRDAI has proposed mandatory adoption of Indian Accounting Standards (Ind AS) for all insurers by April 1, 2026. This move aligns India's i...
Two insurance rules from April 1, 2024: Demat type e-Insurance Account must to buy new policies, latest surrender chargesTwo major insurance rules that are effective from April 1, 2024, are — compulsory e-Insurance policies for new policyholders and the latest...
Life insurance: IRDAI retracts on low surrender value proposal; know applicable surrender charges from April 1, 2024The Insurance Regulatory and Development Authority of India (IRDAI) has finalised surrender charges for non-linked or linked life insurance...
Circumventions of rules a generic, industry-wide problem in AIFs: Sebi member NarayanSebi's Whole Time Member Ananth Narayan on Tuesday said circumvention of regulations is an industry-wide and generic issue with the Alterna...
Irdai proposes limit on surrender charges for non-linked plansIn this draft circular, the regulator has suggested changes in surrender value rules for non-linked life insurance policies. Under the curr...
LIC IPO filing next week, issue in March: Govt official"A portion of the IPO would be reserved for anchor investors like we have done in case of IPOs of IRFC and RailTel," Pandey added.
After nod, insurers gearing up to tap bonds of REITs, InvITsThe Insurance Regulatory and Development Authority of India (IRDA) last week permitted insurers to invest in InvITs and Real Estate Investm...
India's top life insurers - LIC, ICICI, HDFC, SBI - are set to invest in InvITs, REITSBonds issued by InvITs or REITs are likely to offer at least 100 basis points more than vanilla corporate bonds, fund managers said. InvITs...
Can regulate cloud service companies under Trai Act: RS SharmaThe Telecom Regulatory Authority of India has claimed complete jurisdiction to regulate cloud service providers such as Amazon Web Services...
TCS, Wipro in fray to manage Irdai's Business Analytics ProjectIrdai said TCS, Larsen and Toubro InfoTech, Wipro and EIT Service India Private Ltd (a DXC Technology company) have been shortlisted for th...
Irdai to develop 'sandbox' approach for fintech-related productsLoosely defined, a sandbox approach means experimenting and learning before finally adopting a technology or system.