Whereas Clause C-4 of Guidelines on Group Insurance Policies given in Circular No. 015/IRDA/Life/Circular/GI Guidelines/2005 dated 14th July 2005prescribes that there shall be no other payment whether as management expenses…
Some major highlights of the Insurance Amendment Bill are as below:- 1. FDI has been hiked to 49% which will allow foreign companies to increase their stake in Indian joint…
Insurance Regulatory and Development Authority (Irda) recently said it is likely to issue final IPO guidelines for general insurance companies in the next two weeks.
Insurance regulator IRDA recently said "severe" penal action will be taken against those general insurance companies refusing third party motor insurance.
Sector regulator IRDA today said it will develop 10 standard products in consultation with industry bodies which can be launched by the insurance companies without seeking regulatory nod.
Insurance regulator IRDA will soon come out with guidelines to prevent insurance companies from arbitrarily hiking renewal premiums on health policies under which benefits had been claimed previously.
Insurance regulator Irda today favoured increase in foreign direct investment in the sector to 49 per cent, saying it requires big investments for growth.
Insurance regulator IRDA will come out with a new policy to accord automatic clearance to the standard life insurance products and relax investment guidelines to encourage fund flow into infrastructure…
Actions proposed to be taken by IRDA in the Exposure Draft for Insurance Surveyors (a) Outsourcing of survey work is prohibited, being a core activity as per Outsourcing Guidelines issued…
Actions proposed to be taken by IRDA in the Exposure Draft for Insurance Surveyors The present system of A,B,C categorization will be replaced with standard system of: - Licentiate, Associate…