The Insurance Regulatory and Development and Development Authority has approved the 26% stake transfer in Max New York Life Insurance (MNYL) to Japan's insurer Mitsui Sumitomo Insurance Company.
Finally, after long debate, the Insurance Regulatory and Development Authority has decided to soften its stance on bundled insurance products. Unlike earlier, now the ban would be imposed partially and…
To ensure continuity of services, sectoral regulator IRDA today said life insurance companies will have to allot new agents to policyholders in case of removal of existing agents.
The Insurance Regulatory and Development Authority's (IRDA) new policies have brought much relief to the senior citizens with the age limit raised to 65 years.
The Insurance Regulatory and Development Authority (IRDA) will come out with product designing guidelines for life insurance companies within a month.
The Insurance Regulatory and Development Authority (Irda) released exposure draft in Health Insurance recently.
Increasing number of mis-selling complaints against the life insurance companies has compelled the insurance regulator to take a tough stance. “Now industry has become adolescent. Some discipline is required,†J…
Insurance ombudsmen may soon be allowed to deal with the grievances of individual consumers involving claims higher than the Rs 20 lakh permitted at present. The scope may also be…
Online forums are abuzz with complaints of amounts being deducted from consumers' accounts — without their written consent — towards payment of insurance premiums solicited by telemarketers.
Insurance regulatory and development authority (IRDA) has issued a circular listing standard instructions and guidelines applicable for approval/renewal of agents training institutes.