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IRDAI LAST YEAR
Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...- Why Rs 1 crore term insurance cover in 2026 may not be enough for many familiesFamilies need more than ₹1 crore in term insurance. Rising expenses and loans mean a higher cover is essential. Experts suggest ₹1.5 crore ...
- Commission caps to pose existential threat to insurance distributors: Policybazaar’s Yashish DahiyaPolicybazaar faces potential business disruption from IRDAI's proposed commission caps, prompting consideration of an insurance manufacturi...
- Insurers racing to ‘AI-proof’ systems as IRDAI flags risksIndian insurers are rethinking how they assess cyber risks. Regulators have asked them to review exposure to artificial intelligence-driven...
- Insurer denies Rs 20 lakh life insurance claim over diabetes non-disclosure; woman fights back and wins; here’s whyA Delhi woman's Rs 20 lakh life insurance claim, denied due to alleged non-disclosure of diabetes and kidney diseases, was upheld by the St...
- Star Health to launch affordable health insurance plans targeting tier 2, 3 marketsAs healthcare expenses soar, Star Health is bracing for premium increases in the next fiscal year. In a proactive move, the insurer is roll...
- MCX shares drop 3% after Sebi chief's comments on commodity derivatives. What spooked investors?MCX shares fell after SEBI signalled that banks and insurers are unlikely to be allowed into commodity derivatives. SEBI chief Tuhin Kanta ...
- IRDAI misses to measure average sum assured per policyholder in its annual reportWhen IRDAI defines success as premium collected, and the industry maximises commissions by selling products that collect maximum premium pe...
- SBI Life delivers on guidance, targets double-digit protection share in medium termSBI Life Insurance achieved its financial targets for FY26. The company is now prioritizing its protection business and agency channel. It ...
- 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...
- Not happy with your health insurer? How portability helps you switch without losing benefitsFeeling let down by your health insurance? Portability allows you to switch providers without losing benefits like waiting period credits a...
- IRDAI takes 856 regulatory actions in FY24The IRDAI took 856 regulatory actions, including penalties, against insurers in FY24, as informed by Finance Minister Nirmala Sitharaman. R...
- IIRM at loggerheads with IRDAI over fundsThe Institute of Insurance and Risk Management (IIRM), a Hyderabad-based educational entity, has crossed swords with one of its promoters —...
- India launches standardised medical insurance cover for vector-borne diseasesInsurance Regulatory and Development Authority on Wednesday announced the guidelines and has asked all general and health insurance compani...
- Your car or two-wheeler insurance premium won't rise this year. Here are detailsInsurance regulator has decided not to raise the third-party insurance premiums for bikes, cars and commercial vehicles this year.
- IRDAI in process to migrate to risk-based capital regimeIRDAI last year had set up a 10-member steering committee to help implement the new risk-based capital regime by March 2021.
- Sahara to challenge IRDAI order on life insurance biz transfer to ICICI PruSahara alleged that the insurance regulator has "wrongly concluded" that the promoter was no more 'fit and proper' and a sum of Rs 78 crore...
- Ravi Mittal appointed part-time member on IRDAI boardSuresh Mathur, who was posted at the Insurance Institute of Risk Management at Hyderabad last year, is now back at Irdai as ED and will be ...
- IRDAI spent only 40 per cent of ad budget in 2016-17IRDAI makes use of various platforms like newspapers, television, radio and outdoor publicity to create awareness about importance of insur...
- Insurers can now invest in REITs, InvITs: IRDAIREITs, InvITs are still a nascent market, as SEBI only last December revised and eased regulations for these instruments.
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