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IRDAI ACT CHANGES
Sebi drops proceedings against Max Financial, Axis Bank in Max Life deal caseSebi dropped proceedings against Max Financial and Axis entities. Allegations of disclosure lapses and fraud were not established by the re...- The UK pension pot question: Why 2026-27 is the year to decideStarting April 2027, UK pension pots will be subject to inheritance tax, prompting a reevaluation of legacy planning strategies. For Indian...
- Sebi disposes of case against Religare Enterprises, Saluja, other personsSebi has concluded legal actions against Religare Enterprises and its former chairperson. The regulator found no further directions were ne...
- FCNR(B) surge: Inflows through special window to ease banks’ liquidity pressureIn the first quarter of FY27, revised liquidity coverage ratio (LCR) norms came into effect, reducing the assumed run-off rate on deposits ...
- NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
- Break traffic rules too often? You may have to take driving test all over againFrequent traffic offenders will soon face mandatory re-tests to renew their driving licences as part of significant amendments to the Motor...
- Proposed commission caps may drive consolidation in insurance distribution: Acko CEOAcko founder Varun Dua anticipates regulatory changes to insurance distributor commissions will drive consolidation and professionalization...
- IRDAI's commission crackdown: Insurers start work on new agent fee framework under new insurance actThe insurance sector is preparing for shifts in how distributors are paid. New rules empower the regulator to set limits on commissions. In...
- Irdai to crack down on mis-selling as Insurance Bill 2025 tightens normsIndia's insurance regulator is set to enhance oversight on mis-selling through new legal amendments. The Sabka Bima Sabki Raksha (Amendment...
- IRDAI puts Care Health Insurance on notice over ESOPs to SalujaIndia's insurance regulator, IRDAI, has issued a show cause notice to Care Health Insurance, a subsidiary of Religare Enterprises, regardin...
- Irdai ups scrutiny of broking deals, approvals take longerThe Insurance Regulatory and Development Authority of India (Irdai) has increased scrutiny on the ultimate beneficiaries in share transfers...
- Irdai on a transformational journey to take insurance to massesUnder new chairman Debasish Panda, the regulator is engaging with the industry more than ever and looking to get the sector charged up.
- 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...
- NPS pension rules eased and digital life-certificate allowedNPS rule change: Starting today, IRDAI has eased rules for the pensioners. Here's all you need to know.
- IRDAI to relook at regulations to widen insurance penetration and give insurers more flexibilityWorking groups will be formed to relook at current regulations with an aim to lighten them and give more flexibility for companies to launc...
- Health insurance policy packages may soon offer vouchers for gym membership, protein supplements"Based on fitness and wellness criteria stipulated and disclosed, insurers may endeavour promoting wellness amongst health insurance policy...
- IRDAI may soon link motor insurance premium with traffic violations; pilot project in DelhiBad drivers may face a double whammy as penalties for traffic violations have already gone up sharply.
- 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...
- 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...
- Changing nominee in life insurance policies to cost Rs 100 nowThe fee is up to Rs 50. The IRDAI guidelines for 'Registering Cancellation or Change of Nomination' have come into effect from April 1, 201...
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