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IRDAI NEWS
Govt appoints former Finance Secretary Ajay Seth as IRDAI chairman for 3 yearsThe Indian government has appointed former Finance Secretary Ajay Seth as the chairman of Insurance Regulatory and Development Authority of...24 Jul, 2025, 02.44 PM IST- IRDAI inducts 5 new members into insurance advisory panelIndia's insurance regulator has appointed five new key members to its Insurance Advisory Committee (IAC), including leaders from banking, a...21 Mar, 2025, 12.30 AM IST
- IRDAI considering Managed General Agencies in insuranceInsurtech startups which mostly operate as insurance intermediaries are pushing for a new set of licences from the IRDAI to set up agencies...10 Aug, 2023, 10.37 PM IST
- Irdai directs insurers to fast-track claim settlement process due to BiparjoyThe insurers have been advised to communicate the nomination of a senior executive in each affected state / UT to the Chief Secretary/Offic...17 Jun, 2023, 06.20 PM IST
- 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...07 May, 2023, 01.26 PM IST
- Irdai asks insurers to lay down social media norms for employeesAn organisation's reputation is closely linked to the behaviour of its employees, the Insurance Regulatory and Development Authority of Ind...01 May, 2023, 07.35 AM IST
- IRDAI proposes allowing insurers to invest in unlisted firms: sourcesCurrently, Insurance Regulatory and Development Authority of India (IRDAI) does not allow insurers to invest in unlisted entities without i...10 Nov, 2022, 05.42 PM IST
- Irdai provides more flexibility to insurers, eases limits for commissionsThe insurers have been told by Irdai that their commission and remuneration payout should be based on a board-approved policy which will be...25 Aug, 2022, 11.20 AM IST
- Irdai weighs proposal to privatise Insurance Information BureauSet up in 2009 as an advisory body, IIB collects transactional data from insurers for different lines of business, and produces periodical ...14 Jun, 2022, 12.18 AM IST
- Irdai proposes to standardise administration of group health insurance productsGroup insurance facilitates enhancing the access to insurance to both formal and informal sectors of the society, Irdai said, while issuing...28 Apr, 2022, 08.23 PM IST
- Small entrepenuers can now tap insurance companies for sureties"To reduce indirect cost for suppliers and work-contractors, the use of surety bonds as a substitute for bank guarantee will be made accept...01 Feb, 2022, 02.36 PM IST
- IRDAI asks insurers to come up with disease-specific plansAddressing a virtual health insurance conference, IRDAI member, non-life, TL Alamelu, also stressed on the need to set up a mechanism where...20 Aug, 2020, 11.16 AM IST
- How IRDAI protects policyholders from crises at insurance companiesInsurers are required to follow certain investment norms, like they cannot invest in debt securities with a rating below AAA. If any asset ...02 Dec, 2019, 06.30 AM IST
- Insurance companies can no longer exclude many illnessesThe insurance regulator on Monday said age-related ailments such as cataract surgery, knee-cap replacements, Alzheimer’s and Parkinson’s wo...01 Oct, 2019, 10.49 AM IST
- From Jan 1, IRDAI allows unbundling of compulsory personal accident cover in motor policiesEffective January 1, on expiry of a bundled CPA cover, it may be replaced with a stand-alone CPA cover and the same may be taken from any g...12 Dec, 2018, 02.16 PM IST
- Behind LIC's plan to pull IDBI out of a banking messWith LIC coughing up the money, the government has one less bank to deal with whenever it considers capital allocation for public sector ba...30 Jun, 2018, 07.59 AM IST
- Insurers can't accept defunct Rs 500/1,000 note towards premiumA news item has been brought to Irdai's notice, which says that the Authority has instructed insurers to accept old notes for premium.29 Nov, 2016, 09.28 PM IST
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