Month: June 2024

Reference is drawn to Clause C (1.1) of “Guidelines on Filing of Minor Modifications in the approved Individual Insurance Products offered by General and Stand Alone Health Insurers on Certification…

The Union Budget for 20-21 has proposed a new tax slab where no concessions for deductions will be available to taxpayers. In Fact the Insurance Industry was seeking an increase…

In respect of the products filed and cleared as per the provisions of Guidelines on product filing in Health Insurance Business (Ref: IRDA/HLT/REG/CIR/150/07/2016) dated 29th July 2016, where coverage is…

Reference is invited to the Guidelines on Standard Individual Health Insurance Product (Ref: IRDAI/HLT/REG/CIR/001/01/2020 dated 01.01.2020) mandating all general and standalone health insurance companies offer Arogya Sanjeevani Policy. In partial…

This has reference to IRDAI Circular no. IRDA/F&A/CIR/MISC/089/04/2020dated 13th April, 2020 on the said subject. As part of measures to prudently manage their financial resources, all insurers have been directed…

“Listing of LIC is a good move which will bring focus on the life insurance sector, other expectations of the sector could have been met better. The insurance industry will…

"In a challenging economic environment, the Finance Minister has presented a pragmatic and well balanced- growth oriented budget, with something positive for everyone - for individuals to companies; from farmers…

Consequent to the merger of few PSBs, in order to protect the interests of the group insurance policyholders of the merged banks, the following guidelines are issued. Upon merger of…

The Kerala High Court has set aside an order passed by an Insurance Court on the ground that the procedure adopted by the court is violative of Section 75(2B) of…

“Taxing dividends in the hands of the investor may have a marginal long-term impact on REIT and InVIT valuations. No significant incentives for infrastructure and real estate is a disappointment.…