"Insurance Regulatory and Development Authority of India (Payment of Commission or Remuneration or Reward to Insurance Agents and Insurance Intermediaries) Regulations, 2016" outlines the framework for the payment of commissions,…
"Insurance Regulatory and Development Authority (Insurance Advisory Committee) Regulations, 2000" governs the formation, functioning, and meeting procedures of the Insurance Advisory Committee under the authority of the IRDA. These regulations…
"Insurance Regulatory and Development Authority (Insurance Advertisements and Disclosure) Regulations, 2021" establish standards and guidelines for advertising practices and disclosures by insurance companies. Here is a detailed summary of the…
Consumer Court FAQ’s 1. Who is a Consumer? A Consumer is a person who purchases a product or avails a service for a consideration, either for his personal use or…
The Grievance Redressal Cell in the Policyholder's Protection & Grievance Redressal Department of the Insurance Regulatory and Development Authority of India looks into complaints/grievances from policyholders. This Cell takes up the grievances…
26th March, 2023 In exercise of the powers conferred by clause (ic) and (jd) of sub section 2 of section 114A, section 40 and section 31B of the Insurance Act,…
In order to conduct reinsurance arrangements with Global reinsurers, which do not have an office in India (called "Cross border Reinsurers or CBR"), the IRDAI (Reinsurance) Regulations 2018 specifies the…
The Insurance Regulatory and Development Authority of India (IRDAI) has increased the investment limit by insurance companies to invest in the financial sector to 30% from 25% freeing up more…
In order to make available more funds for infrastructure investment, IRDA is planning to allow insurance companies to invest in debt securities issued by any pooled investment vehicles, including infrastructure…
Introduction Change is the only thing that is almost always constant. Organisations have to keep revamping their business strategies from time to time to grow their business and capture a…