Attention is drawn to clause 3.1.1 (iii) of IRDA Circular reference IRDA/F&I/CIR/AML/158/09/2010 dated 24th September 2010 on AML/CFT guidelines (the Master Circular 2010) which requires insurers to identity and verify the beneficial owner…
The final guidelines on traditional life insurance products, which are in the final stages of consultation, are likely to be announced after the meeting of the insurance advisory committee that…
Lakhs of vehicle owners across the country may have to pay more for buying the mandatory insurance cover — third party motor cover — for their vehicles.
All the applicants enrolled with Insurance Regulatory & Development Authority (IRDA) as Trainee Surveyors upto 30th June, 2012 (Training Enrollment #8397 to 8643) who have submitted their quarterly training reports…
Life insurers said that the seven pages draft application form proposed by IRDA (Insurance Regulatory and Development Authority) to facilitate need-based selling is too complex, according to media reports.
State government bonds – more popularly called state development loans (SDLs) – seem to be the red-hot favourite for insurers and pension fund managers when it comes to investment returns.
Private sector insurer Bajaj Allianz General Insurance hopes to close the current fiscal with a gross premium of Rs 4,000 crore.
The race for the post of the chairman of Insurance Regulatory Development Authority (IRDA) may not be a done deal yet. The Central Vigilance Commission (CVC), it seems, is frowning at…
To prevent fraudulent activities in the insurance business, sectoral regulator IRDA has asked insurers to follow stringent due diligence process for staff and agents besides identification of vulnerable areas within…
There is one big consolation that diabetics will have—an exclusive insurance cover. At least two insurance companies are planning a specialised health cover for diabetics.