IRDAI

The provisions relating to transfer of shares of insurance companies are governed by section 6A of the Insurance Act, 1938 read with IRDAI (Transfer of Equity Shares of Insurance Companies)…

1. Reference is invited to Chapter VII of the Consolidated Guidelines on Product Filing in Health Insurance Business issued vide Circular Ref: IRDAI/HLT/REG/CIR/194/07/2020 dated 22nd July, 2020 specifying norms on…

1. This circular is issued in accordance with the power vested under section 14(2)(e) of the IRDA Act, 1999 read with section 34(1) of the Insurance Act, 1938. 2. Reference…

IRDAI has developed a methodology for identification and supervision of Domestic Systemically Important insurers(D-Slls) D-Slls refer to insurers of such size, market importance and domestic and global interconnectedness whose distress…

1.Reference is drawn to IRDAI circular vide ref. IRDAI/HLT/REG/CIR/054/03/2020 dated 04th March, 2020 advising the general and health insurers to design need based products covering costs of treatment of coronavirus…

1. Reference is invited to IRDAI circular Ref. No: IRDAI/HLT/REG/CIR/054/03/2020 dated 04th March, 2020, specifying guidelines on handling of claims reported under Covid-19. 2. In view of the increase in…

The lnstitution of lnsurance Ombudsman plays a vital role in providing resolution in a timely and cost effective manner. lnsurers need to have a greater liaison with every lnsurance Ombudsman…

Insurance regulator IRDAI has issued guidelines on wellness and preventive features offered in a health insurance policy. While many insurers already offer wellness benefits to policyholders, the guidelines not only…

Section 37A (4A) of the Insurance Act, 1938 reads as under: “(4A) Every policyholder or shareholder or member of each of the insurers, before amalgamation, shall have the same interest…

I. Preliminary These guidelines set out the detailed procedure for practical training for obtaining a fresh / renewal licence to act as a surveyor and loss assessor. These guidelines are…