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IRDAI LICENSE
FatakPay’s subsidiary FatakSecure receives IRDAI license, enabling expansion of insurance servicesFatakSecure, a subsidiary of FatakPay, has received IRDAI approval for its composite Corporate Agent License, enabling it to significantly ...- Kiwi's General Insurance application clears R1 stageKiwi General Insurance, supported by Westbridge Capital, has received initial approval from the insurance regulator, IRDAI, signaling the c...
- Insurance regulator IRDAI forms committee to vet licence applicationsThe Insurance Regulatory and Development Authority of India has established a committee. This is to assess license applications from two ge...
- Acko General Insurance fined Rs 1 crore by IRDAI: Will you be affected if you bought a policy from Acko?IRDAI fined Acko General Insurance Rs 1 crore for regulatory lapses involving Ola Financial Services (OFSPL). Acko made payments to Ola Fin...
- IRDAI seeks road maps to Dalal Street from large insurersThe Insurance Regulatory and Development Authority of India (IRDAI) encourages 10-12 large life and general insurance companies to pursue p...
- Seven things NRIs should keep in mind when choosing a wealth manager back in IndiaNRIs remain a key segment for wealth managers due to India's growing economy and attractive investment opportunities. Wealth managers must ...
- No formal proposal to enter health insurance, says LICLife Insurance Corporation (LIC) has clarified that there is currently no formal proposal for it to enter the health insurance space. This ...
- Mahindra & Mahindra Finance secures IRDAI license to offer tailored insurance plansThe corporate agency license would help in broadening Mahindra Finance’s product portfolio by incorporating insurance solutions. It would h...
- Policybazaar shares jump 7% on IRDAI's license upgrade for PB Fintech's armThe insurance regulator upgraded the license of the company's wholly-owned subsidiary Policybazaar Insurance Brokers Private Limited to 'Co...
- AIC to launch insurance products for livestock, aquaculture and sericulture: CMDAgriculture Insurance Company of India (AIC) has obtained a licence from IRDAI and will introduce products for the sericulture, aquaculture...
- Discussions ongoing with IRDAI over license: Paytm“It is an ongoing discussion with the regulator. There have been some rumours that the license got rejected but there have been no official...
- IRDAI issues draft guidelines on trade credit insuranceBased on the recommendations of a working group on revisiting guidelines on trade credit insurance, the Insurance Regulatory and Developmen...
- Irdai cautions public not to fall prey to fraud by Digital National Motor Insurance"The Authority cautions the public not to make any transaction related to insurance business with M/s DIGITAL NATIONAL MOTOR INSURANCE," In...
- You can soon store your insurance policy documents in DigilockerThe insurance regulator added that insurers should inform their retail policyholders about Digilocker and how to use it. Insurers are also ...
- IRDAI makes it easier to settle motor insurance claimsWith the new proposal, customers can self-declare in case of motor accidents up to Rs 75,000, and for non-motor claims up to Rs 1.5 lakh. I...
- Make sure insurance ads are clear, fair and not misleading: Irdai to insurersThe insurance regulator issued a circular laying down guidelines for dos and don'ts for insurance companies to comply with. It also laid ou...
- Don't buy insurance from this fake website: IRDAIIrdai has previously clarified that neither it nor its officials are involved in activities like sale of any kind of insurance or financial...
- Irdai panel suggests host of steps for speedy settlement of insurance claimsThe Irdai had set up a Working Group (WG) to examine and deliberate upon the existing framework for surveyors and loss assessors and make i...
- Paytm sets up life, general insurance unitsBoth entities have a share capital Rs 1,000,000 each, with Paytm founder Vijay Shekhar Sharma and One 97 Communications holding majority sh...
- Don't use word 'firm' for RoC registration: IRDAI to IMFsIRDAI gets applications from IMFs for issuance of no objection certificate (NOC) to be submitted to RoC for their registration.
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