The IRDA along with other stakeholders of the industry, has a responsibility of improving financial literacy in the country as well as to impart consumer education in insurance. Towards this…
The IRDA has taken a number of initiatives on development of the Health insurance market in the country in the year 2011-12. Further progress was also made on other initiatives…
Insurance regulator IRDA has decided to relax the requirement of written confirmation from banks as a proof of residence for micro-insurance policy seekers from remote areas.
There is a difference of opinion between the chairman of the Insurance Regulatory and Development Authority (IRDA) and the finance ministry over the creation of a new post in the…
The coming year 2013 will have a lot of hopes pinned on for a greater financial standing, in terms of various industries who havent really done well in the last…
Life Insurance Company has better record of paying death claims than that of private life insurers, said regulator IRDA in its latest report. "The claim settlement ratio of LIC appeared…
Religare Health Insurance is in talks with the central and state governments to provide services in government-sponsored health schemes. The move is aimed at helping people below poverty line.
The Insurance Regulatory and Development Authority (IRDA) said that since opening up of Indian insurance sector for private participation, India has reported a fall in the insurance density for the…
Insurance sector regulator IRDA has proposed to make it mandatory for insurers, who have been in business for 10 years, to open at least 25 per cent of new offices…
On reviewing the existing Regulatory procedure in vogue for according approvals to insurers for opening various places of Business in accordance to the provisions of Section 64 VC of Insurance…