The Insurance Regulatory and Development Authority of India (Irda) is on the mind of reducing the capital requirement for setting up a standalone health insurance company by as much as…
The regulator IRDAI in an attempt to provide the best and cost effective services for the claimants has directed the insurers as well as the TPA's to pass on discounts,…
The Insurance Regulatory and Development Authority of India (IRDAI) has directed the insurers to correct anomalies in product pricing after careful analysis of the underwriting practices and make things easier…
The regulator is planning massive changes in health insurance, which include more incentive for healthy policy holders and a level playing field for life and non-life insurers, among other.…
Life Insurance Council is working hard towards making the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) attractive for its member companies apprehending its viability under the present pricing policy.…
The Securities Appellate Tribunal (SAT) has adjourned an appeal against the IRDAI in a hearing between SBI Life and the Insurance Regulatory and Development Authority of India (IRDAI). The…
The Insurance Regulatory and Development authority of India (IRDAI), in its new draft on investments, said that the equity investments in CNX 200 or BSE 200 can only be considered…
The Department of Financial Services (DFS) has given the green signal to Kotak Mahindra Bank's proposal to increase the foreign investment limit in the bank to 55 per cent from…
The Insurance Regulatory and Development Authority of India has imposed Rs. 65 lakh penalty on India First Life insurance company for a number of violations. According to IRDAI Chairman T…
Earlier the concept of E Insurance was piloted in paperless form through insurance repositories. However, it did not received a encouraging response and not even 10 per cent of the…