The board of the Insurance Regulatory and Development Authority of India (IRDAI) approved a host of proposals, involving private equity investment, solvency norms, dilution of equity and fund raising, aimed…
Insurance sector regulator Irdai has allowed foreign reinsurance branches, including Lloyd's India, to repatriate up to 20% of the excess assigned capital to attract more players and allow free movement…
The Insurance Regulatory and Development Authority of India (IRDAI) has announced a revised exposure draft on the expenses of management (EoM) for the non-life insurance companies and proposed the removal…
Upsetting the plan of Fairfax, owned by Indian origin Canadian billionaire Prem Watsa, to increase its stake in Indian insurance joint venture Go Digit General Insurance, insurance regulator IRDAI has…
The insurance regulator has released an exposure draft seeking amendments to reinsurance regulations. In the draft, the Insurance Regulatory and Development Authority of India (Irdai) has sought to revise the…
India's insurance regulator has set up a 15-member committee for two years, asking it to give suggestions for increasing health insurance coverage in the country. The 15-member committee is headed…
The Insurance Regulatory & Development Authority Of India (Irdai) has constituted a high-level committee to draw a road map for universal health insurance coverage. The panel, which includes a representative…
The Insurance Regulatory and Development Authority (IRDAI) has directed insurance companies to provide cover for mental illness under health insurance policies before October 31, 2022. The Mental Health Act, 2017…
The Insurance Regulatory and Development Authority of India (IRDAI) has suggested the government to ease the minimum capital requirement of Rs 100 crore and permit the regulator to fix the…
India's insurance regulator has proposed to the government that insurers be allowed to buy over 10% of unlisted firms without approval, regulatory and industry sources said, a move that could…