IPL matches at Barabati insured for Rs 20 cr
The Orissa Cricket Association (OCA) has insured IPL matches to be played at Barabati Stadium in Cuttack on April 22 and May 1, 2012 for Rs 20 crore.
IRDA seeks greater clarity in non-life insurance offers news
The Insurance Regulatory Authority of India (IRDA) has called for more clarity in policy documents in non-life insurance schemes, pointing particularly to health insurance. This accounts for a third of…
Coming under cover soon: mental illnesses and alternative treatments
With mental illnesses risÂing, the Insurance RegulaÂtory Development AuthoriÂty wants insurers to start ofÂfering covers for that.
Simplify policy documents in healthcare sector: IRDA
Insurance Regulatory and Development Authority (Irda) has asked the Life Insurance Council and industry trade bodies such as CII and Ficci to come out with recommendations to simplify policy documents…
IRDA’s silence weighs heavy on web aggregators
Can’t stay in business, can’t get out. With no word yet from the insurance regulator on their licences, the web aggregators are in a fix.
IRDA for state-backed health insurance scheme
The Insurance Regulatory and Development Authority (Irda) has strongly come out in support of an upcoming government-backed health insurance policy aimed at providing health cover to a large population of…
IFFCO Tokio General Insurance sees fund infusion
IFFCO TOKIO General Insurance has infused an additional capital of Rs 125 crore to fund its expansion plans. The fund infusion has come from Indian and foreign promoters in respective…
In line with IRDA cap, LIC may pare stake in 51 unlisted companies
Life Insurance Corporation of India, the country's largest insurer, is likely to pare down its holding in unlisted firms to bring it in line with the 10% investment ceiling, a…
IRDA may set minimum cover for all life products
All life insurance products may soon have to offer a minimum amount of cover, as mandated by the Insurance Regulatory and Development Authority (Irda).
Sebi in talks with RBI, Irda for common KYC norms
Securities and Exchange Board of India (Sebi)Â said it was in talks with other regulators, including RBI and Irda, for common know-your-customer norms for the financial sector.