IRDAI

We have pleasure to announce that our journal 'The Insurance Times' is going to complete its 37th Year of purpose in the 37th Year of publication with the December, 2017…

We draw your attention to IRDAI Circular Ref: IRDA/IT/GDL/MISC/082/04/2017 dated 7th April, 2017 setting out guidelines on Information and Cyber Security for Insurers. From the feedback/ updates received from Insurers,…

This has reference to the Authority's letter ref No IRDAI/NL/Anl/Crop Ins./2/2016-17 dt 09.02.2017. Keeping in view the importance of Crop Insurance and related Schemes introduced by the Government, the existing…

GIC Re successfully completed its maiden IPO which was subscribed to the extent of 1.90 times. This will increase the visibility of the company among the masses.  Newindia Assurance has…

Clarifications on Guidelines on insurance e-commerce and electronic issuance of insurance policies The Authority as part of its developmental mandate and to reach out to the policyholders in a cost…

(i) Non-participation/ unsatisfactory participation of certain insurance companies in Lok  Adalats/MACT (ii) Servicing of policy holders.  This is issued in accordance with the power vested under Section 34 of Insurance…

Clarification on Aadhaar based e-KYC 1. Authority vide circular dated 21st October, 2013 and AML Master Circular dated 28th September, 2015 allowed Aadhaar based e-KYC service offered by UIDAI for…

IRDAI is examining the possibility of allowing private equity (PE) firms to buy stakes in Insurance Companies. A decision on this is likely to be taken in a month's time.…

1. The landslides in Wayanad, Kerala (July, 2024) are reported to have caused widespread loss to human lives, property (homes and businesses) and infrastructure. 2. All Insurance Companies are advised…

The "Insurance for All" Vision Meet, hosted by insurance councils over two days on August 23rd and 24th, 2024, in Mumbai, was a pivotal event aimed at laying the groundwork…