It will will allow customers to hold policies in paperless form much like investors holding equity shares in demat accounts.

IRDA is also planning to expand the distribution channels and allow banks' business correspondents or local kirana shops sell micro insuran...

Insurance sector watchdog Insurance Regulatory Development Authority (IRDA) today asked Indian companies to look at opportunities overseas.

Had Roy Chowdhury not been selected for the post of member-life at IRDA, he would have asked govt to put him on a project to take LIC to th...