In order to decrease stakeholder compliance requirements, facilitate company operations, and protect policyholder interests, the Insurance ...

Regulator Irdai on Thursday came out with draft guidelines for 'Bima Vahaks (BV)', which seeks to establish a dedicated distribution channe...

IRDAI proposed that every insurer shall issue all insurance policies only in electronic form notwithstanding whether the proposal is receiv...

As per the proposed guidelines, the remuneration of chief executive, managing directors and whole time directors will be divided between fi...

Based on the recommendations of a working group on revisiting guidelines on trade credit insurance, the Insurance Regulatory and Developmen...

The IRDAI (General Insurance Products) Regulations, 2021, which will apply to insurance products as well as add-ons, are aimed at promoting...

According to the exposure draft, insurers will be allowed to launch five standard travel insurance plan variants under domestic travel and ...

A 100% sum assured would be liable to victims of accidents that result in death or permanent disablement, as per the draft guidelines where...

The proposed product will be available at all health and general insurers once the guidelines are finalized following a consultation proces...

The colour-coding will be based on a scoring method of between 0 and 6. Based on criteria, if a product gets a score of 2 or less, it will ...

In most health insurance policies, if the rent of the room taken by the insured exceeds the rent covered in the policy, then the hospital b...

The objective of the guidelines on 'Standardization of General Clauses in Health Insurance Policy Contracts' is to standardise the common g...

"Based on fitness and wellness criteria stipulated and disclosed, insurers may endeavour promoting wellness amongst health insurance policy...

Irdai wants to change the concept of settlement in personal accident and benefit-based health insurances.

What the new rules mean is that promoters will have to continue to infuse capital into the business even in future as the business grows.

IRDAI today came out with draft norms to align corporate governance for insurance sector with the new Companies Act.

Insurers should ensure that compensation doled out to top level management personnel, including CEOs, are adjusted to risks in the business...