Attention is drawn to Reg 6(d)(ii) and 6(e)(ii) of IRDAI's (Payment of commission, remuneration or reward to insurance agent or insurance intermediaries) Regulations, 2016. The Authority has received representation from…
1. This circular is issued in accordance with the powers vested under Section 14(2) and 14(h) of the IRDA Act, 1999 2. This circular is applicable to all non-life insurers…
Reference is drawn to IRDAI's circular No: IRDA/IT/ CIR/MISC/ 216/10/2016 dated October 31, 2016 on formulation of a comprehensive Information and Cyber Security framework for Insurance Sector. Consequently, the following…
All are requested to, hence forth, address surveyor applications for enrolment, licensing, renewal and other communications at below given: Deputy General Manager, Surveyor Department, IRDA Delhi Regional Office, Gate NO.…
The Crop Insurance Department was introduced in IRDAI (Surveyors and Loss Assessors) Regulations, 2015 (hereinafter referred as Surveyor Regulations) to license individuals to undertake survey work in crop insurance. The…
1. This circular is issued under powers granted to the Authority under sub-section (2)(e) of Section 14 of Insurance Act, 1938. 2. The Authority is in receipt of representations from…
Consequent upon promulgation of Insurance Laws (Amendment) Act, 2015, the existing Insurance Broker regulations would undergo a change. In addition to the developments in the market and the experience of…
The Authority had revised the Corporate Governance guidelines for insurance companies in 2016, which combined the stipulations regarding the form and composition of the Board, the Appointment and qualifications of…
Reference is drawn to Guidelines on Point of Sales Person - Non-Life and Health dated 26th October, 2015 facilitating insurance companies and insurance intermediaries to appoint point of sales person…
1. Sections 10 and 11 of the Insurance Act, 1938 were amended vide the Insurance Laws (Amendment) Act, 2015. These amendments have necessitated changes to the IRDA (Preparation of Financial…