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…
The Public Sector Insurers are gearing up for launch of their maiden IPO. All the companies have started the preparatory work and hopefully by the end of the year the…
Insurance Regulatory and Development Authority of India (IRDAI) has launched an Insurance Awareness Campaign, in the form of Radio jingles, for a period of six months starting from 20th February,…
Cyber security in the financial sector has gained importance, more so with the advent of technological innovations. In this connection, IRDAI has planned to come out with a comprehensive Information…