IRDA Circular: Authority has observed that there is no uniform approach followed by the insurers for transfer of the surplus to the Profit & Loss Account. A few of the…
IRDA Circular: Insurers file with Authority new insurance products and modifications to existing insurance products as required by the File & Use circular no:IRDA/Cir/010/2003 dated 27th March 2006 and subsequent…
The IRDA has recently established the Consumer Affairs Department to give a special focus to and oversee the compliance by insurers of the IRDA Regulations for Protection of Policyholders’ Interests…
Having put in service of more than 4 decades in the insurance industry, I had been seeing that among the insurance agents some procuring business were illiterate, some did not…
The Insurance Regulatory and Development Authority, Mr. J. Hari Narayan, justified IRDA's non-intervention in the current stand-off between some insurers and hospitals on extending cashless treatment facility citing contractual aspects…
The institution of Insurance Ombudsman was created by a Government of India Notification dated 11th November 1998 with the purpose of quick disposal of the grievances of the insured customers…
Introduction: Both non-life and life insurance companies are keen on cashing in on the growing opportunities in the health insurance segment. They are on course to offer a slew of…
Introduction:Â The development of mankind from Adam and Eve is customized to change. The change is a common phenomenon which originates from the destruction of one living being and ends…
Editorial The Economic Times, The price of risk Premia Must Reflect Profile of Insured. A group constituted by the Insurance Regulatory Authority of India (IRDA) has proposed fixing of motor…