Health insurance News: Health Insurance Portability
 S. No No of years of continuous insurance cover with previous insurer (s) Waiting period to be served with new insurer in number of days/years YY Days 1 Year…
Consumer Grievance Cell for insurance
To enable effective monitoring of Policyholder protection Regulations and Grievance Guidelines and Turn around times thereby mandated, as well as to create a central repository of industry-wide insurance grievances’ data,…
IRDA: Syllabus for Training of Telecallers — Distance marketing of Insurance Products
Further to the guidelines on distance marketing of insurance products issued vide circular no. IRDA/Admn/GDL/Misc/059/04/2011 on 5.4.2011 and with reference to the provision 8 (ii) thereunder, the syllabus for pre-recruitment…
Solvency Margin of Non-life Insurance Companies in respect of Motor TP Pool
The Authority vide its Circular No. 063/IRDA/F&A/Mar-07 dated March 29, 2007 on “Solvency margin in respect of Motor TP Pool†has defined the term “Gross†in respect of Motor Pool…
Proposed amendments to IRDA (Investment) Regulations 2008
The Authority after notification of IRDA (Investment) (4th Amendment) Regulations, 2008 and after mandating the minimum requirements in respect of Investment Risk Management Systems & Process and Internal / Concurrent…
Portability of Health Insurance Policy
IRDA CIRCULAR: IRDA had earlier required that portability of health insurance policies across non life insurance companies including stand alone health insurance companies would be introduced with effect from 1st…
IRDA issues exposure draft for Issue of Capital and Disclosure of Life Insurance Companies
IRDA is proposing to issue the Regulations on IRDA (Issue of Capital and Disclosure Requirements for Life Insurance Companies) Regulations, 2011.
IRDA releases M&A guidelines for general insurance companies
The Insurance Regulatory and Development Authority (Irda) today released regulatory guidelines for mergers and acquisitions (M&As) for non-life insurance companies.
Report of the Committee on Bancassurance
The IRDA had constituted a Committee on Bancassurance vide Order No. IRDA/AGENTS/ORD/02/APR 2009 dated May 4, 2009 to study the distribution of insurance products through Banks.
Guidelines on Insurance repositories and electronic issuance of insurance policies
Objective and Utilization of Insurance Repository The objective of creating an insurance repository is to provide policyholders a facility to keep insurance policies in electronic form and to undertake changes,…