The Insurance Regulatory and Development Authority of India (IRDAI) has directed the insurers to correct anomalies in product pricing after careful analysis of the underwriting practices and make things easier…
Life Insurance Council has urged the regulator for 50% concession in re-insurance rate on Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), on account that its members face losses as…
The Securities Appellate Tribunal (SAT) has adjourned an appeal against the IRDAI in a hearing between SBI Life and the Insurance Regulatory and Development Authority of India (IRDAI). The…
The Insurance Regulatory and Development authority of India (IRDAI), in its new draft on investments, said that the equity investments in CNX 200 or BSE 200 can only be considered…
As per the recent ordinance passed by the IRDAI on licensing of corporate agents which stated that insurance companies cannot get more than 90 per cent of business from…
Earlier the concept of E Insurance was piloted in paperless form through insurance repositories. However, it did not received a encouraging response and not even 10 per cent of the…
After receiving licenses from the Insurance Regulatory and Development Authority of India which has paved the way of the reinsurers to open their operations in India, the Global reinsurers are…
The IRDAI in lieu of the backdrop of the recent hike in the upper cap of foreign direct investment in insurance companies from 26 per cent to 49 per cent…
The Regulator is planning to dematerialize the policies with an annual premium of Rs.50,000 for life insurance and Rs.10,000 for motor and health insurance. The decision has been taken…
In a review meeting which was held on the performance of the public sector insurance companies and the Insurance sector in general it was observed that the…