This is further to the Circulars Ref: IRDAI/NL/CIR/MISC/107/06/2022 dated 01.06.2022 and Ref: IRDAI/NL/CIR/PRO/146/07/2022 dated 14.07.2022 issued by the Insurance Regulatory and Development Authority of India (the Authority) regarding Product Filing…
Recently, the Insurance Regulatory and Development Authority of India (Irdai) suspended operations of Reliance Health, a standalone insurer that set up shop only last year. Another insurer, Aviva Life, was…
Clause (d) of sub section (9) of Section 2 of Insurance Act, 1938 provides that a “foreign company” engaged in reinsurance business can transact the business of reinsurance through a…
Insurance Regulatory and Development Authority of India- IRDAI- Chairman Mr Debasish Panda has given a call for Insurance for all in India by 2047. It is a desirable and necessary…
"IRDAI Staff (Officers and Other Employees) Regulations, 2016" outlines the framework for the recruitment, remuneration, and general service conditions of the officers and other employees of the Insurance Regulatory and…
"IRDAI Staff (Officers and Other Employees) Regulations, 2016" outlines the guidelines and rules for the recruitment, service conditions, and responsibilities of the staff employed by the Insurance Regulatory and Development…
"IRDAI (Unit Linked Insurance Products) Regulations, 2019" governs the development, administration, and management of unit-linked insurance products (ULIPs) offered by insurance companies in India. These regulations aim to ensure that…
"Insurance Regulatory and Development Authority (Meetings) Regulations, 2000" sets guidelines for the conduct of meetings by the Insurance Regulatory and Development Authority (IRDAI). Here's a detailed summary of the regulation:…
In a significant ruling, the Competition Commission of India (CCI) has refused to interfere in IRDAI's regulatory functions, disposing off an information case alleging anti competitive arrangement between insurance regulator…
24th Apr, 2023 IRDAI vide Circular ref: IRDAI/IT/GDL/MISC/082/04/2017 dated 07th Apr, 2017 has issued guidelines on Information and Cyber Security for Insurers, which were later extended to all Insurance Intermediaries…