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IRDAI RULE CHANGES
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...
Irdai to crack down on mis-selling as Insurance Bill 2025 tightens normsIndia's insurance regulator is set to enhance oversight on mis-selling through new legal amendments. The Sabka Bima Sabki Raksha (Amendment...
Can your health insurer use the ‘material change’ clause to raise premiums or reject claims? Know your rightsHealth insurance policy renewals are standard. However, some health insurance companies are introducing a 'Material Change' clause in their...
LIC counters Rahul Gandhi's claims, says remains committed to policyholders, agentsLife Insurance Corporation of India (LIC) refuted Rahul Gandhi’s claims, affirming its commitment to providing financial security and suppo...
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 introduces new corporate governance regulations for insurersThe Insurance Regulatory and Development Authority of India (IRDAI) has mandated that insurance companies must now seek prior approval for ...
Irdai ups scrutiny of broking deals, approvals take longerThe Insurance Regulatory and Development Authority of India (Irdai) has increased scrutiny on the ultimate beneficiaries in share transfers...
NPS pension rules eased and digital life-certificate allowedNPS rule change: Starting today, IRDAI has eased rules for the pensioners. Here's all you need to know.
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 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 to relook at regulations to widen insurance penetration and give insurers more flexibilityWorking groups will be formed to relook at current regulations with an aim to lighten them and give more flexibility for companies to launc...
Irdai proposes lifelong renewability of personal accident insurance, time bound porting of policyInsurance Regulatory and Development Authority of India has proposed three major changes in its health insurance regulation drafts. Here is...
Mediclaim policyholders see premiums rise up to 70%Annual premium on health covers have risen by 40%-70% for policyholders after insurance companies hiked rates following a regulatory diktat...
Mediclaim policyholders see premiums rise 70%Annual premium on health covers have risen by 40%-70% for policyholders after insurance companies hiked rates following a regulatory diktat...
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.
New third-party motor insurance rules: Who pays more and what happens to NCBFollowing a Supreme Court order, the insurance regulator has asked all general insurance companies to offer long-term third-party motor cov...
IRDAI plans to standardise health productsInsurance regulator Irdai plans to bring in more stringent regulations by standardising health insurance products.