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IRDAI GUIDELINES
Agentic AI adoption drives stronger governance oversight, risk controlsIndia first: Firms prioritise domestic industry guidelines over global frameworks, remain confident on DPDP- The hidden cost of looking better: What health insurance covers, and what it leaves you to payRising demand for weight-loss drugs, cosmetic procedures and wellness treatments is creating a growing out-of-pocket healthcare expense cat...
- Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...
- Insurance CEOs’ pay now linked to claims and customer grievances: What it means for policyholdersInsurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...
- 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...
- Claim settlement and grievance redressal related performance will determine the incentives of top executives of insurance companies: IRDAIn a significant policyholder-centric move, IRDAI has linked insurance executive pay to customer-centric metrics like claim settlement and ...
- IRDAI may tighten CEO KPIs on claims, expenses and customer serviceThe IRDAI is developing a more detailed framework for performance-linked key performance indicators (KPIs) for insurance company executives...
- NPS annuity exit rules relaxed: Policy surrender allowed in cases of critical illness, old policies with surrender clauseThe Pension Fund Regulatory and Development Authority has revised rules for National Pension System annuity surrenders. Subscribers facing ...
- NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
- Sebi mulls allowing OBPPs to offer products regulated by IFSCA, tax-saving bondsMarkets regulator Sebi on Tuesday proposed allowing Online Bond Platform Providers (OBPPs) to offer products or services regulated by Inter...
- Centre allows 100% FDI in insurance via auto route"Foreign investment in this sector shall be subject to compliance with the provisions of the Insurance Act, 1938(4 of 1938), and the condit...
- India notifies 100% foreign investment in insurance sector, LIC limit stays at 20%The central government has notified 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing foreign...
- Insurance surety bonds data gaps under regulatory lensIn a proactive move to strengthen the financial landscape, Indian regulators are gearing up to close the reporting voids surrounding insura...
- Revised NPS Swasthya Pension Scheme rules: Onboarding fee, coverage, claim process, premature exit and moreNew guidelines for NPS Swasthya Pension Scheme PoC 2 are now in effect. Health insurance benefits are mandatory for subscribers. The scheme...
- 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 draft guidelines to safeguard insurance policyholder interests: 5 major changes proposedIn order to decrease stakeholder compliance requirements, facilitate company operations, and protect policyholder interests, the Insurance ...
- Irdai asks insurance companies to lay down social media guidelines for employeesIndia's Insurance Regulatory and Development Authority (Irdai) has called on insurers to devise social media guidelines that prevent employ...
- Irdai okays debt ETFs of CPSEs as eligible class of investment for insurersThe instruments have been permitted as eligible class of investment, according to guidelines issued by the insurance regulator.
- Insurers to file compliance to investment norms form March"As the Regulations mandate certain systems and process to be put in place, the IRDAI (Investment) Regulations, 2016 shall be effective fro...
- Passing IRDAI prescribed exam must to become insurance agentIRDAI has made it mandatory for insurance agents to pass an examination based on its syllabus which would include subjects like life, gener...
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