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IRDAI NEW GUIDELINES
Agentic AI adoption drives stronger governance oversight, risk controlsIndia first: Firms prioritise domestic industry guidelines over global frameworks, remain confident on DPDP
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 ...
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 ...
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...
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...
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 proposes Ind AS financial reporting for insurers from April 1; check what policyholders should knowIndia's insurance regulator, IRDAI, is proposing a significant shift in financial reporting for all insurers. Starting April 1, 2026, insur...
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...
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.
Postmen, grameen dak sevaks may soon start selling insurance policiesThe IPPB, which is a corporate agent, can seek permission from Irdai for sponsoring postmen and grameen dak sevaks of Department of Posts (...
IRDAI sets up panel to revisit 3-yr old trade credit insurance guidelinesIRDAI said it decided to revisit the guidelines after it received representations from various stakeholders.
Irdai unveils portal for insurers to sell policies onlineInsurers and intermediaries can create a login credential for registration and submit ISNP application form on the portal.
Irdai asks insurers to appoint data security officer by April 30The guidelines entail data, applications, operating systems and network layers. Security audit and legal aspects on cyber security are othe...
IRDAI slaps Rs 15 lakh fine on HDFC Standard Life InsuranceRegulator Irdai has imposed a penalty of Rs 15 lakh on HDFC Standard Life Insurance for violation of various regulations including the one ...
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...
Insurance FDI: Indian promoters to decide on directors, CEOWith 49 per cent FDI being allowed in insurance sector, regulator IRDAI today said Indian promoters will have control over appointment of m...
Insurers need to link top management payouts with risks: IRDAIInsurers should ensure that compensation doled out to top level management personnel, including CEOs, are adjusted to risks in the business...
IRDAI wants insurers to stick to grievance redressal normsAccording to the guidelines, insurers are required to follow the minimum turnaround time to resolve customer complaints.