As part of automation of various activities of IRDAI, a web based system is now available for obtaining prior approval and intimation regarding governance issues of Insurance Broking Companies at…
The Authority has granted certificates of registration to the following Foreign Reinsurers for opening their Branches in India. The details are as below: S. No Name of the Foreign Reinsurer's…
January to March every year is quite busy for all insurers, particularly life insurers. The sale of life insurance policies is at peak during this period. This indicates that people…
Marine insurance is the oldest form of insurance and plays a very important role both in internal and international market. It is closely connected with important commercial institutions like banking…
In exercise of the powers conferred by section 3 read with 114A of the Insurance Act, 1938, and section 14 read with 26 of the Insurance Regulatory and Development Authority…
Chennai Ombudsman Centre Case No. : 11.02.1059/2006-2007 Shri. S. Swaminathan Vs The New India Assurance Co. Ltd The complainant represented that he and his spouse were covered under Overseas Mediclaim…
Chennai Ombudsman Centre Case No. : 11.07.1350/2006-2007 Smt. Baghyalakshmi Vs TATA AIG Gen. Ins. Co. Ltd The Complainant Smt V. Baghyalakshmi was covered under Travel Guard policy with M/s TATA…
These regulations shall include payment of commission or remuneration or reward, to insurance agents and insurance intermediaries as defined in the Insurance Act, 1938, IRDA Act, 1999 and Regulations issued…
Mumbai Ombudsman Centre Case No. : GI-322 of 2005-2006 Shri R.N.Talcherkar V/s ICICI Lombard General Insurance Company Limited Shri R.N.Talcherkar who was on a tour with his family and friends…
Arising out of the queries received from the representatives of the proposed Foreign Reinsurers' Branches on certain aspects relating to the functioning of these offices, the following guidelines/ clarifications are…