The Supreme Court on Monday admitted IRDA’s appeal against the Securities Appellate Tribunal's (SAT) decision staying the insurance regulat...

Seeking urgent hearing in the matter, Solicitor General Tushar Mehta, appearing for the Insurance Regulatory Development Authority of India...

The matter, along with another appeal, will be further considered and argued on August 3, 2023. JP Sen, Senior Advocate, represented Sahara...

In a big relief to Sahara India Life Insurance Co Ltd, the Securities Appellate Tribunal (SAT) on Tuesday stayed regulator Irdai's order di...

Besides, the expert said that the new policyholders may provide an opportunity for SBI Life to offer their product depending on their age p...

SBI Life Insurance has been instructed by the Indian Insurance Regulatory and Development Authority (Irdai) to absorb the liabilities of 20...

The insurance regulator had directed ICICI Prudential Life Insurance to take over assets and liabilities of policyholders of Sahara India L...

But the tribunal upheld the insurance watchdog (Insurance Regulatory Development Authority) decision to appoint an administrator to run the...

Irdai counsel Somasekhar Sundaresan today argued that as Sahara Life had allegedly siphoned off Rs 78 crore, transfer of business to ICICI ...

The tribunal fixed the next hearing in the matter on August 7 when it will decide on the maintainability of the petition filed by SILIC aga...

Sahara alleged that the insurance regulator has "wrongly concluded" that the promoter was no more 'fit and proper' and a sum of Rs 78 crore...

ICICI Prudential Life has expressed its interest to take over the policyholders’ assets and liabilities of Sahara Life.

Irda had flagged concerns over the management of Sahara Life, saying it had reasons to believe the insurer may act in a manner “prejudicial...

On 12 June, the regulator appointed RK Sharma, a general manager at the regulator, as the administrator to manage the affairs of the insure...

Irdai said that chairman (Subrata Roy) of the Board was in judicial custody and people were not willing to join the company.

IRDAI further said it will be the endeavour of the administrator to ensure the servicing of the policyholders and managing the affairs of t...

IRDA slapped a fine of Rs 12 lakh on Sahara Life Insurance Company promoted by Subrata Roy-led Sahara Group for violation of various regula...