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IRDAI RECOMMENDATIONS
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 ...- NFO Update: Tata AIA Life Insurance launches dividend leaders index pension fundTata AIA Life Insurance has launched the Tata AIA Dividend Leaders Index Pension Fund to help investors build long-term retirement wealth t...
- Insurers resist as customer comfort weighs on exec payIndian insurers are opposing new rules for executive pay. The regulator wants to link compensation to customer service, not just profits. I...
- 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 ...
- Will your hospital bills fall with new IRDAI move? Know how policyholders will be impacted with the formation of this new panelPolicyholders facing rising premiums, slow claims, and opaque hospital pricing will soon see changes. IRDAI's new sub-committee aims to sim...
- From complexity to clarity: How AI is transforming insurance for customersArtificial Intelligence is revolutionizing insurance in India. Customers now start their search online, with AI simplifying complex policie...
- IRDAI forms expert panel under Khara to review regulationsThe committee is expected to submit its report within three months. Based on its recommendations, the IRDAI will forward proposals to the f...
- Min panel may propose 5% GST with ITC benefit on term plansA ministerial panel is considering a 5% GST with input tax credit on term insurance plans. The panel, headed by Bihar deputy chief minister...
- Irdai proposes to amend regulatory sandbox normsThe Insurance Regulatory and Development Authority of India (Irdai) has proposed changes to its regulatory sandbox, aiming to shift from a ...
- IRDAI new regulation on surrender charges decoded; SBI Life, LIC top buy in insurance space nowIRDAI's enhanced surrender charge regulations set surrender value requirements based on policy year. Exposure draft included threshold prem...
- Irdai sets up panel to increase banks' participation in selling insurance productsThe Insurance Regulatory and Development Authority of India (Irdai) has taken a proactive step by forming a high-level panel. The primary o...
- Irdai proposes to tighten norms for media campaigns by insurersUnder the proposed amendment, each insurer will be required to constitute an advertisement committee comprising at least three members mand...
- IRDAI panel to look at health insurance servicing via proposed new e-portal: Common claim platform?IRDAI constitutes a 15-member health insurance consultative committee that will help to achieve the goal of universalisation of health insu...
- No decision on disclosure of insurance commissions: IRDAIThe committee of CEOs formed to recommend changes in finance, costing and policies of insurance had recommended that the exact amount of co...
- Irdai remains headless amid raging pandemicThe Insurance Regulatory & Development Authority of India (Irdai) has turned headless after chairman S C Khuntia retired on May 6 without a...
- Irdai sets up panel to evaluate application under regulatory sandboxRegulatory Sandbox (RS) usually refers to live testing of new products or services in a controlled/test regulatory environment for which re...
- National Health Authority, IRDAI recommend measures to check frauds, data standardizationA joint working group of IRDAI and NHA was formed to work on key areas of mutual interest and co-operation which focussed their work on fou...
- IRDAI may soon link motor insurance premium with traffic violations; pilot project in DelhiBad drivers may face a double whammy as penalties for traffic violations have already gone up sharply.
- Irdai to hire consultant to implement RBC regimeThe decision to move to the RBC norms from the current solvency principle regime has been taken after recommendations of a panel, which gav...
- Irdai forms panel for reinsurance framework reviewThe Insurance Regulatory and Development Authority of India (Irdai) has notified various regulations, guidelines, and circulars over the ye...
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