Searched for
IRDAI INSURANCE REFORMS
India's asset wealth management AUM projected to reach US$ 1.7 trillion by 2030: PwC reportIndia’s asset and wealth management industry is projected to reach US$1.7 trillion in AUM by 2030, driven by rising retail participation, g...- Insurance CEOs’ pay now linked to claims and customer grievances: What it means for policyholdersInsurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...
- India insurance market to grow 10.7% annually over next decade, fastest among major markets, says AllianzIndia's insurance market is set for rapid expansion, becoming the world's fastest-growing. Projections show significant annual growth over ...
- Viksit Bharat will be built on capability, not just cost advantage: Hemant Jhajhria of KPMG IndiaIndia is at a pivotal moment in global manufacturing. Micro, Small, and Medium Enterprises are key to this transformation. They must shift ...
- 58% surges in Insurance Ombudsman cases: 4 reforms to fix the backlog before it breaksThe Insurance Ombudsman serves as a guardian of trust for the industry and has resolved thousands of disputes for policyholders. But a grow...
- Lost insurance records? Here’s how IRDAI’s Public Insurance Registry aims to fix the problem for policyholdersIndia's insurance sector is set for a major upgrade. The IRDAI is creating a Public Insurance Registry and Bima Sugam platform. These initi...
- IRDAI holds talks on Public Insurance Registry designIndia's insurance regulator, IRDAI, met with industry leaders to discuss the new Public Insurance Registry and Bima Sugam platform. This di...
- GST relief to boost insurance penetration, ease burden on policyholders: Nilesh SatheThe government's GST reform has eliminated the 18% tax on insurance premiums, a move expected to boost insurance penetration in India. Whil...
- Outgoing IRDAI Chief has hits to his credit, perhaps misses, tooChange in EoM Guidelines: Under his stewardship, IRDAI introduced the Expenses of Management (EoM) regulations at a time when the industry ...
- IRDAI plans to put risk management at industry core to align with global bestIRDAI is working towards implementing major regulatory changes over the next 18-24 months, including a risk-based capital framework and Ind...
- Life insurers to mandatorily provide loan facility against policies: IrdaiIssuing a master circular which consolidates all regulations with regards to life insurance policies, the Insurance Regulatory and Developm...
- General insurance companies can't reject claims for want of documents: IrdaiIrdai stated that general insurance companies cannot reject claims for lack of documents, introducing reforms in the business with a new ma...
- Govt appoints Rajay Kumar Sinha as new member finance at IRDAIThe government has recently announced the appointment of Rajay Kumar Sinha as the member of finance and investment at the Insurance Regulat...
- IRDAI approves changes in capital, ownership, solvency of insurance companiesThe Insurance Regulatory and Development Authority of India (IRDAI) has also approved a proposal to permit Private Equity (PE) funds to inv...
- Irdai changes key rules for insurersThe regulator has also decided to allow insurance companies to tap fund raising options, like through the debt market, without prior approv...
- Irdai reduces solvency margin requirement for crop business; to unlock Rs 1,400 crore fundsSolvency margin, a key indicator of financial health of an insurer, refers to the difference between its value of assets and liability. The...
- IRDAI's new norms to prompt insurers to launch innovative policies swiftly: ExpertsThe Insurance Regulatory and Development Authority of India (IRDAI) last week extended the 'use and file' procedure for most of the life in...
- No permission required to launch new life insurance products, says IRDAIIn a notification on its website IRDAI said life insurance companies can now launch products in the market and later file updates with the ...
- IRDAI allows insurance companies to introduce products without prior approvalThe new rule will cover all health plans and also fire, engineering and motor plans offered by general insurance companies. Panda said only...
- IRDAI wants companies to plug policy pricing loopholesOn recent reforms in the insurance sector, IRDA said the government has done its bit and the regulator is in the process of notifying them.
Load More
