IRDAI

IRDAI has proposed revising norms for Corporate Insurance Agents by allowing them to sell products for 9 Insurers in Life, General and health Insurance. This move will help to expand…

In order to facilitate open architecture which will enable the prospects and policyholders to have wider access in purchasing insurance and also to enhance the reach of insurance to every…

Insurance Regulatory and Development Authority of India (IRDAI) is constantly driving to increase insurance penetration, ensuring availability of insurance in every nook and corner of the country and also facilitating…

  The Authority has notified the IRDAI (Regulatory Sandbox) Regulations, 2019 with a validity of two years to facilitate innovation in products or solutions proposed to be offered by the…

As per the Order passed by the Commissioner (Appeals – I) in appeal no. HYD/SVTAX-HYC/APP-025-022-23 (APP1) dated 22/06/2022, it is stated that the services provided by the Authority to Insurance…

IRDAI had issued Master Guidelines on AML/CFT for General insurers and Life insurers in 2013 and 2015 respectively. Subsequently, multiple circulars had been issued on the subject. In order to…

Reference is invited to IRDAI Circular ref: IRDAI/HLT/REG/MISC/199/07/2021 dated 23rdJuly, 2021 on the captioned subject with respect to the standards and benchmarks at clause (a)(i) and (ii) and clause (b)…

IRDAI has been buzzing with activities off late. The new chairman has been quite proactive in presenting a roadmap for the industry to increase the penetration and reach out to…

There has been a lot of buzz in Insurance Industry in last few months after new IRDAI chairman took over. Do you think Insurance Industry is poised for transformation in…

This is further Circular Ref: IRDAI/NL/CIR/MISC/107/06/2022 dated 01/06/2022 with regard to Product Filing Procedure. In order to facilitate the insurance industry to promote insurance penetration and enhance coverage in the…