irda news

Insurance ombudsmen may soon be allowed to deal with the grievances of individual consumers involving claims higher than the Rs 20 lakh permitted at present. The scope may also be…

Victims of road-accidents can now access the insurance policy details of the vehicle involved with a click of a mouse.

Insurers are aware that the Insurance Information Bureau (IIB) which acts as insurance data repository of the Authority has been engaged in collecting, collating and compiling inter alia motor insurance…

The Insurance Regulatory and Development Authority (IRDA) has put approval of pension products on hold as some fresh changes are to be made.

Unit-linked insurance plans which were offering the guarantee of returns basis highest NAV of the term on maturity have been banned by the Insurance Regulatory and Development Authority (IRDA).

The Insurance Regulatory Authority of India (IRDA) has called for more clarity in policy documents in non-life insurance schemes, pointing particularly to health insurance. This accounts for a third of…

With mental illnesses ris­ing, the Insurance Regula­tory Development Authori­ty wants insurers to start of­fering covers for that.

Insurance Regulatory and Development Authority (Irda) has asked the Life Insurance Council and industry trade bodies such as CII and Ficci to come out with recommendations to simplify policy documents…

Can’t stay in business, can’t get out. With no word yet from the insurance regulator on their licences, the web aggregators are in a fix.

The Insurance Regulatory and Development Authority (Irda) has strongly come out in support of an upcoming government-backed health insurance policy aimed at providing health cover to a large population of…