Premium Rates for Motor Third Party Insurance Liability only cover – 2012-13
IRDA announces rise in the Motor Insurance Third Party Premium in financial year 2012-13.............
Dismantling of Indian Motor Third Party Insurance Pool [IMTPIP], Loss Reserve, Solvency and Accounting issues
IRDA has in terms of its Order IRDA/NL/ORD/MPL/277/12/2011 dated 23.12.2011 and IRDA/NL/ORD/MPL/003/01/2012 dated 3rd January, 2012 directed dismantling of the existing IMTPIP with effect from March 31, 2012 and has…
Methodology for Transfer of Risks amongst Members of Indian Motor Third Party Declined Risk Insurance Pool
Methodology for tranfer of risks under Indian Motor Third Party Declined Risk Insurance Pool .....
IRDA hikes third-party motor premium rates by 5-20%
The Insurance Regulatory Development Authority (IRDA) is set to raise premium rates for third-party motor insurance policies by up to 20 per cent for 2012-13.
IRDA issues exposure draft for servicing ORPHAN Policies
Introduction: Insurance agents are the most important channel of intermediation in the insurance business in India. Recognizing the importance of the agents in the procurement and servicing of insurance policies,…
Insurance sector may see 14pc degrowth this year
India's insurance sector may see de-growth of 13-14 per cent this fiscal, according to the IRDA Chairman Mr Harinarayan
Vision is to develop an industry that people trust: IRDA chief
Insurance sector has developed a ‘high brand recall in terms of stability and reliability' Mr J. Hari Narayan, Chairman, IRDA (Insurance Regulatory and Development Authority), has the reputation of being…
Anti-Money Laundering Survey 2012 released by KPMG
With the amount of money laundered globally in one year estimated at 2 – 5% of the global GDP, or $800 billion - $2 trillion ; the financial services industry…
Irda issues draft norms to insure HIV/AIDS infected
Following directions from the Delhi High Court last September to provide health insurance to people living with HIV/AIDS (PLHA), the Insurance Regulatory and Development Authority (Irda) has released the draft…
IRDA norms to boost online distribution
Change in the regulatory environment, which has compelled insurers to cut distribution costs, is leading life companies to look at new low-cost channels for distribution. A spate of companies, including…