In Conversation with Sainesh Dar, CII South Asia
About Mr. Sainesh Dar Sainesh has more than two decades of a very diverse work experience which has seen him engaged with leading companies across the multidimensional service industries ranging…
Master Circular on IRDAI (Insurance Products) Regulations 2024- Health Insurance
A. This Master Circular is issued under the section 14(2)(e) of the IRDAI Act 1999 and section 34 of the Insurance Act, 1938 read with Regulation 7 of schedule-III of…
Insurance Reforms to EMPOWER the POLICYHOLDER
In continuation of endeavours towards policyholder centric reforms in the insurance sector the Insurance Regulatory and Development Authority of India has strengthened the governance measures on the operations and allied…
Master Circular on Reinsurance, 2024
The Authority has notified Insurance Regulatory and Development Authority of India (Registration and Operations of Foreign Reinsurers Branches and Lloyd’s India) Regulations, 2024 and IRDAI (Reinsurance) Regulations, 2018, with the…
Master Circular on IRDAI (Insurance Products) Regulations 2024 – General Insurance
A. This Master Circular is issued under Section 14 (2) (i) of the IRDA Act 1999 and Section 34 of the Insurance Act, 1938 and Regulation 7 of IRDAI (Insurance…
IRDAI advised Insurance Companies to settle Cyclone Remal Claims on Fast Track
The Cyclone Remal in various states have caused widespread loss of lives, property (homes and businesses) and infrastructure. The Sector Regulator IRDAI issued instructions to all Insurers including Life and…
States told to link patient records to Ayushman Bharat health accounts
The central government has directed all state administrations to link the health records of beneficiaries enrolled under different health schemes with the Ayushman Bharat Health Account (ABHA) ID in a…
IRDAI overhauls health cover norms to empower policyholders
In a move to empower policyholders and bolster inclusive health insurance, the Insurance Regulatory and Development Authority of India (IRDAI) has announced major revamp of regulatory norms. The regulator has…
Moratorium reduced for health policy but full disclosure crucial
The Insurance Regulatory and Development Authority of India (IRDAI) issued a master circular on health insurance on May 29, 2024, listing 20 provisions. These norms, if properly implemented, will make…
Master Circular on General Insurance Business
Background: The issuance of IRDAI (Insurance Product) Regulations, 2024 and the de-notification of erstwhile tariffs, general terms and conditions; policy and endorsement wordings provide a unique opportunity to develop simplified…