irda

All eyes are now on the new IRDA chairman. With the insurance industry still coming to terms with its lacklustre performance in the past three years during which business fell…

Various stakeholders have been requesting the Authority to consider sub broking system as prevalent in other jurisdictions. At present many insurers and brokers are mainly operating in and around big…

Health insurance addresses a major area o f public concern. Although it is rapidly growing, access to health insurance still remains limited and add to it complaints especially due to…

The government   appointed T S Vijayan, 60, as the new chairman of the Insurance Regulatory and Development Authority (IRDA). Vijayan’s appointment was cleared by the Prime Minister’s Office last week…

The Insurance Regulatory and Development Authority or IRDA, recently, issued guidelines to standardize health insurance in India. The guidelines will standardize definitions of 46 terms that are commonly used in…

An IRDA appointed panel favoured the appointment of sub-brokers for selling insurance products so as to increase penetration in the rural and semi-urban markets.

In Chair: Sri J Hari Narayan, Chairman, IRDA The Authority has received a complaint on 16th April, 2012 alleging the fictitious individual Micro Insurance Business procured by various Divisional Offices…

The size of funds managed by insurers in the country is expected to reach a whopping level of Rs 30,00,000 crore over the next five years, marking a 70 per…

J Hari Narayan, chairman of the Insurance Regulatory and Development Authority, completed an eventful five-year term. He will be remembered as someone who controlled the euphoria of insurers, came down heavily…

Reference is invited to the Circular No. IRDA/CAD/GDL/AGN/052/03/2011 dated 25th March, 2011 wherein the Authority has allowed special dispensation to Standalone Health Insurance Companies to avail the services of General…