Searched for
IRDAI NEW NORMS
Health insurance works only when everyone contributesA small group of health insurance customers accounts for most hospitalisation costs. The remaining 95% must pay premiums to keep the system...23 May, 2026, 12.24 AM IST- 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...03 May, 2026, 12.16 AM IST
- Finance Ministry plans to broaden Actuaries Act scope beyond insurance, pensionsThe finance ministry is set to update the Actuaries Act, 2006. This will expand actuarial science to include data science and risk manageme...23 Apr, 2026, 12.12 AM IST
- Irdai steps up scrutiny of insurers exceeding expenses capIrdai has initiated quarterly monitoring for eight insurers exceeding their 30% expenses of management limits to enforce financial discipli...11 Feb, 2025, 11.40 PM IST
- 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 ...07 Nov, 2024, 06.52 PM IST
- 3-in-1 insurance: Soon, you can get life, health insurance and market linked investment in one combo productUnder the revised procedure, the insurers are now permitted to 'use and file' group unit-linked life and health insurance products. IRDAI h...22 Jun, 2023, 03.18 PM IST
- IRDAI's new norms to prompt insurers to launch innovative policies swiftly: ExpertsThe Insurance Regulatory and Development Authority of India (IRDAI) last week extended the 'use and file' procedure for most of the life in...12 Jun, 2022, 03.00 PM IST
- 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...01 Jun, 2022, 09.53 PM IST
- General insurers no longer mandated to issue physical policy documentsInsurance companies can now capture electronic signatures of their new customers rather than earlier mandated wet signatures for issuance o...10 Sep, 2020, 10.55 PM IST
- Irdai slaps Rs 1 cr penalty each on ICICI Lombard, Tata AIG for violation of normsRegulator Irdai has imposed a penalty of Rs 1 crore each on ICICI Lombard GIC and Tata AIG General Insurance Company for violation of vario...29 Jan, 2020, 09.28 PM IST
- SBI Life fined Rs 4 lakh by Irdai for violating norms on protection of policyholdersInsurance sector regulator Irdai has imposed a fine of Rs 4 lakh on SBI Life Insurance Company Ltd for violating norms on advertisement and...28 Oct, 2019, 05.41 PM IST
- IRDAI issues new norms for mediclaim policiesMisselling is a huge problem for the insurance industry as, of 1.72 lakh complaints in 2016-17, about 50 per cent related to unfair busines...13 Jul, 2017, 11.02 AM IST
- Indian Accounting Standards: Insurers seek clarity on many issues as deadline nearsVarious industry players and sectoral experts cite taxation issue as the most teething concern coupled with the impact on solvency, determi...08 Jan, 2017, 03.59 PM IST
- 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...25 Aug, 2016, 05.36 PM IST
- Life insurers must disclose investment return details in ads: IRDAIInsurance sector regulator IRDAI has directed life insurers in the country to mandatorily detail guaranteed and non-guaranteed benefits on ...23 Nov, 2015, 09.27 PM IST
- IRDAI seeks suggestions on proposed amendments to its rulesIRDAI has sought public comments on proposed amendments to its existing norms pursuant to the introduction of Insurance Laws (Amendment) Ac...11 May, 2015, 10.48 PM IST
- IRDAI fines Reliance General Insurance for not paying directly to insuredIRDAI has imposed Rs 5 lakh penalty on Reliance General Insurance Company Ltd for not making direct payments on health insurance claims to ...12 Apr, 2015, 12.13 PM IST
Load More
