Use of data analytics will improve product design and distribution which expands reach of insurance, according to TS Vijayan, Chairman, Insurance Regulatory and Development Authority of India (IRDAI). Proper collection…
The Insurance Regulatory and Development Authority of India has granted special approval to 23 Cross Border Reinsurers (CBR) for the year 2016-17. This will allow Indian insurers to make reinsurance…
Use of data analytics will improve product design and distribution which will expand the reach of insurance, according to T S Vijayan, Chairman, IRDAI. Proper collection and deployment of…
The additional tier-1 (AT-1) bond market, which has been witnessing subdued demand, is likely to see some activity with the possibility of the Insurance Regulatory Development Authority of India allowing…
IRDAI has approved as many as 16 proposals amounting to Rs 14,591.9 crore as foreign investment. "Post notification of the Insurance Laws (Amendment) Act, 2015, IRDAI has approved 16 proposals…
Insurance Regulatory and Development Authority of India (IRDAI) will make certain changes to its guidelines for facilitating insurance companies to go public, according to a top official. Insurers at present…
The insurance regulator has warned life companies against overdependence on banks for selling policies. Banks are now the dominant mode for distributing policies of private insurers, and the share of…
The Insurance Regulatory & Development Authority of India has ordered Universal Sompo General Insurance Company's managing director Taketoshi Nagaoka to step down immediately due to his foreign origin. IRDAI has…
Mr. M Ravichandran, President-Insurance of Tata AIG General Insurance has expressed his views regarding the latest development of IRDAI proposing norms for selling and servicing of insurance policies through e-commerce…
The Insurance Laws (Amendment) Act, 2015, passed during Parliament's budget session, allowed insurance companies to raise their foreign ownership from 26% to 49%, with the requirement that…