India is at a pivotal moment in global manufacturing. Micro, Small, and Medium Enterprises are key to this transformation. They must shift ...

The Insurance Ombudsman serves as a guardian of trust for the industry and has resolved thousands of disputes for policyholders. But a grow...

India's insurance sector is set for a major upgrade. The IRDAI is creating a Public Insurance Registry and Bima Sugam platform. These initi...

India's insurance regulator, IRDAI, met with industry leaders to discuss the new Public Insurance Registry and Bima Sugam platform. This di...

The government's GST reform has eliminated the 18% tax on insurance premiums, a move expected to boost insurance penetration in India. Whil...

Change in EoM Guidelines: Under his stewardship, IRDAI introduced the Expenses of Management (EoM) regulations at a time when the industry ...

IRDAI is working towards implementing major regulatory changes over the next 18-24 months, including a risk-based capital framework and Ind...

Issuing a master circular which consolidates all regulations with regards to life insurance policies, the Insurance Regulatory and Developm...

Irdai stated that general insurance companies cannot reject claims for lack of documents, introducing reforms in the business with a new ma...

The government has recently announced the appointment of Rajay Kumar Sinha as the member of finance and investment at the Insurance Regulat...

The Insurance Regulatory and Development Authority of India (IRDAI) has also approved a proposal to permit Private Equity (PE) funds to inv...

The regulator has also decided to allow insurance companies to tap fund raising options, like through the debt market, without prior approv...

Solvency margin, a key indicator of financial health of an insurer, refers to the difference between its value of assets and liability. The...

The Insurance Regulatory and Development Authority of India (IRDAI) last week extended the 'use and file' procedure for most of the life in...

In a notification on its website IRDAI said life insurance companies can now launch products in the market and later file updates with the ...

The new rule will cover all health plans and also fire, engineering and motor plans offered by general insurance companies. Panda said only...

On recent reforms in the insurance sector, IRDA said the government has done its bit and the regulator is in the process of notifying them.