Draft Guidelines on Fixed Income derivatives – IRDA
All Stakeholders are requested to review the attached Draft Guidelines and forward their view/comments to the following address within 30 days.
Health cover charges to rise by 30%, insurance companies claim
The four public sector non-life companies, which have a 70% share of individual health policies, have received approval from the regulator to raise rates for individual mediclaim…
IRDA: Integrated Surveyors Licensing Management System
This is further to our circular no. IRDA/SUR/MISC/CIR/ /063/04/2013 on Integrated Surveyors Licensing Management System. The Web-Based Integrated Licensing Management System would now be available to new…
Indian insurers can now go international
Global insurers have been participating in the Indian insurance market for nearly 12 years. We may soon see the trend reversing.
IRDA’s health insurance: Hospital size is a hurdle
Several measures in the health insurance standardisation programme, set to be implemented from July 1, are customer-friendly.
Life Insurance Corporation starts revamp, sets up two groups to look into issues
State-run Life Insurance Corporation has set up two groups to look into a host of issues, including investment strategy, marketing and review of its international operations and…
300 Life Insurance Corporation mini offices to come up by month-end
The Life Insurance Corporation (LIC) of India will open 300 mini offices across the country by month-end, said Thomas Mathew T, the Chairman-in-charge, LIC, adding that the…
Indian insurers can set up offices abroad
The Insurance Regulatory and Development Authority (Irda) has allowed insurance companies in India to conduct business overseas. The companies can do business in the life insurance, non-life…
HDFC Life Insurance to strengthen policy verification process
HDFC Life Insurance is strengthening its policy verification process to ensure total compliance with Know-Your-Customer (KYC) norms.
Regulatory framework in place for online sale of insurance policies
The Insurance Regulatory and Development Authority (IRDA) has informed Online Sale of Insurance Policies is one of the ways of distribution of insurance policies.