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INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY
Voice AI startup Navana raises Rs 40 crore from Ronnie Screwvala, othersNavana successfully raised forty crore rupees in its recent funding round, aimed at broadening its presence in the banking and financial se...
Paid Rs 14.51 lakh for a home in Gurugram, buyer finds no progress at construction site as builder lost registration; HRERA directs refund with 10.80% interestAccording to the complaint made by the homebuyer, he has made a payment of Rs 14.51 lakh till now, which amounts to almost 50% of the total...
NSE IPO set to deliver massive gains of Rs 7,200 crore to state-run insurance firmsGeneral Insurance Corp, National Insurance, New India, Oriental Insurance and United India were among the earliest investors in the exchang...
Public Insurance Registry: From tracking policies to improving claim processing, how PIR could benefit policyholdersIndia's Insurance Regulatory and Development Authority of India (IRDAI) has introduced a groundbreaking Public Insurance Registry aimed at ...
RBI approves LIC to acquire up to 9.99% stake in ICICI BankThe Reserve Bank of India has approved Life Insurance Corporation's stake acquisition. LIC can now acquire up to 9.99% of ICICI Bank's shar...
NSE IPO gets Sebi approval: 10 important points investors should know as D-Street debut inches closerNSE’s IPO moved closer to launch after Sebi approved its draft offer document, with the proposed Rs 30,000-crore issue likely to list on BS...
Nepal floods could cost insurers over $130 mln even before death, injury claimsNepal's recent flood may cause over 20 billion Nepali rupees in insured losses. Hydropower projects sustained the most significant damage f...
Nepal floods could cost insurers over $130 million even before death, injury claimsNepal’s devastating floods could trigger more than 20 billion Nepali rupees ($132.3 million) in commercial insurance losses, with hydropowe...
Finance Minister pitches India's reform-led growth story to US InvestorsIndia remains the world's fastest-growing major economy, achieving 7.8% growth in Q1 FY27. The finance minister highlighted government focu...
Apple facing $2.7 billion UK lawsuit over 'unfair' app tracking rulesApple has said it introduced that feature to allow users to control whether to grant apps permission to track their activity across other c...
IFCI shares rally over 16% in two days as NSE IPO draws closerIFCI shares rallied over 16% in two sessions amid expectations that the long-delayed NSE IPO could be nearing launch. IFCI indirectly owns ...
Insurers plan floor for fire cover to avoid large burnsNon-life insurers are considering a minimum rate for fire insurance's natural catastrophe component. This move follows concerns about steep...
Need stronger governance, internal controls in urban cooperative banks: RBI Deputy GuvIn a recent address, RBI Deputy Governor Swaminathan J urged urban cooperative banks to strengthen their governance frameworks and adopt te...
Revised NPS rules for subscribers: PFRDA classifies NPS schemes into five categories; how it will make scheme selection easier for youNPS subscribers will experience significant changes in pension fund categorization and presentation. A new framework standardizes scheme se...
IRDAI pitches public insurance registry to reshape industryIndia's insurance regulator is proposing a Public Insurance Registry for data sharing. This digital infrastructure will connect insurers, i...
Global Market: Chinese property stocks slide as new rules raise consolidation fearsChinese property stocks came under pressure after Beijing introduced new rules aimed at reducing developers’ reliance on homebuyer funds an...
Health insurance during pregnancy: When unrelated illnesses can lead to claim rejectionWithout maternity cover, pregnancy-related complications aren’t covered, but disputes can arise over whether the exclusion extends to unrel...
Irdai opens NDB's Maharajah INR bonds to insurersIn a circular dated August 27, the regulator said that it had received representation from New Development Bank to permit Insurers to inves...
Fire insurance premiums fall 28% in Q1 amid deep discountingFire insurance premiums dropped significantly in the first four months of the financial year. Aggressive discounting on large industrial ri...
IRDAI bars Niva Bupa from opening new offices for six monthsNiva Bupa Health Insurance received an order from the regulator to halt new places of business. This action stems from failing to meet expe...