irda news

The standard insurance product would be in addition to the government schemes, which provide insurance cover at concessional rates

The Union finance ministry is lining up a slew of reforms to revive the insurance sector.

Sector regulator IRDA will soon develop a mechanism for faster approval of insurance policies and encourage companies to come out with low premium products for increasing insurance penetration, a senior…

Pushing for higher foreign direct investment (FDI) cap in the insurance sector, Insurance Regulatory Development Authority (IRDA) chairman J Hari Narayan recently said the FDI in insurance would enable the…

Regulator IRDA has come with a draft proposal to expand the reach of insurance cover to Below Poverty Line (BPL) families in the next five years.

The Insurance Regulatory and Development Authority (IRDA) has restricted International General Electric Corporation (IGE) and J&K Bank from subscribing to a fresh issue of shares by MetLife India.

The Insurance Regulatory and Development Authority (IRDA) has released draft guidelines of Issuance of Capital by General Insurance Companies Regulations, 2012.

Along with retail and aviation, the insurance sector is set to see an overhaul following a finance ministry intervention. The sector has been characterised by dwindling sales in the past…

Country's largest insurer Life Insurance Corporation (LIC) has recorded a growth of 8.3 per cent in new business with premium collection of Rs 14,451 crore in the first quarter ended…

The Insurance Regulatory and Development Authority (IRDA) is considering relaxing the 10% ceiling on equity investment by insurers in a company.