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IRDAI COMMITTEE
The old health insurance model sees hospitalisation as an inconvenience, says Narayana Health's Viren Prasad Shetty; bets on managed care modelIt has been close to two years since Narayana Health’s wholly owned subsidiary, Narayana Health Insurance—which has adopted a ‘managed heal...
Commission caps to pose existential threat to insurance distributors: Policybazaar’s Yashish DahiyaPolicybazaar faces potential business disruption from IRDAI's proposed commission caps, prompting consideration of an insurance manufacturi...
PMLA court takes cognisance of ED case against Religare chair Rashmi Saluja, advocate Pratap VenugopalA Mumbai court has taken cognisance of a money laundering case filed by the Enforcement Directorate. The complaint names former Religare ex...
Irdai links executive pay at insurers to elimination of unfair practicesThe move is part of new KMP performance evaluation rules, under which the regulator has made 50% of key performance indicators (KPIs) manda...
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...
Bandhan Bank gets RBI approval for new chairmanBandhan Bank has secured prior approval from the Reserve Bank of India for Debasish Panda's appointment as its part-time chairman. Panda's ...
Why ‘unlimited’ or ‘100% restoration’ benefit in health insurance may not save you from a big hospital bill; here’s what policyholders should knowHealth insurance restoration benefits, often misunderstood as unlimited coverage, restore your sum insured only after it's fully exhausted ...
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...
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...
Irdai widens scope of sandbox framework to encourage innovationIrdai has updated the regulatory sandbox framework to stimulate innovation, improve efficiency, and ease of business. Key updates include i...
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 sets up panel to simplify wording of insurance policiesIrdai has set up a committee to simplify the wording of insurance policies to help people make an informed decision before buying cover. Ei...
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...
Irdai to set up hubs on motor, property insurancesThe regulator Irdai on Thursday decided to set up two hubs on motor insurance and property insurance and also an advisory committee with th...
IRDAI's expert committee of doctors and scientists to suggest ways to improve health insurance in India“Health Insurance in India has grown significantly in recent years and is expected to continue in the coming years,” the regulator said in ...
Irdai panel suggests reducing entry-level capital requirement for micro-insurance companiesThe committee set up by the Insurance Regulatory and Development Authority of India (Irdai) to suggest steps to promote micro-insurance sai...
IRDAI sets up panel on governance at insurersThe Insurance Regulation and Development Authority (IRDAI) said on Thursday that a peer review of its current guidelines on corporate gover...
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...
Ensure timely collection of taxes: Parliamentary panel to Finance MinistryThe Finance ministry should adopt and apply electronic systems / approach to all its processes, the Public Accounts Committee said in its r...