1. This circular is issued in accordance with the powers vested under Section 14(2) and 14(h) of the IRDA Act, 1999 2. This circular is applicable to all non-life insurers…
Appointment of Officers on Deputation – Extension of date for receipt of applications till 01-05- 2017 Ref: HR/Deputation/April/2017 Date: 19.04.2017 In continuation to this Office Notification No. HR/ Deputation/April/2017 dated…
IRDA/ACTL/CIR/ULIP/174/08/2016 dated 26.08.2016- Revival Option under discontinued Unit Linked Policies Ref No. IRDA/ACT/CIR/ULIP/113/05/2017 Date: 5th May,2017 It has come to the notice of the Authority that few insurers are interpreting…
1. Reference is invited to Regulation 13.1 of IRDAI (Insurance Services by Common Service Centers) Regulations, 2015 (hereafter referred as CSC Regulations, 2015) which specifies that every insurer shall develop…
Inclusion of Farmer Producer Company (FPC) in the list of Micro Insurance Agent No. IRDA/LIFE/CIR/MIN/ 095 /04/2017 April 26, 2017 Reference is invited to Regulation 2 (f) of IRDAI (Micro…
Reference is drawn to IRDAI's circular No: IRDA/IT/ CIR/MISC/ 216/10/2016 dated October 31, 2016 on formulation of a comprehensive Information and Cyber Security framework for Insurance Sector. Consequently, the following…
The Crop Insurance Department was introduced in IRDAI (Surveyors and Loss Assessors) Regulations, 2015 (hereinafter referred as Surveyor Regulations) to license individuals to undertake survey work in crop insurance. The…
After massive protest by transporters and other bodies, IRDAI ultimately relented to reduce the hike in Third Party Motor Insurance premiums particularly in 2 wheelers, certain car segments and trucks.…
To increase insurance penetration in the country, the industry needs more distributors to travel the last mile. To achieve that goal, what's needed is a simple certification process for these…
A) Introduction: From 16th January 2017 IRDAI'S Gazette Notification has implemented Reinsurance Regulations with immediate effect and licenses are cleared for Branches of Global Reinsurers as well as Indian Professional…