IRDAI: News
09 Dec 2024
InsurancePenalize auto dealers for charging excessive commissions: Insurers to IRDAI
A group of general insurance officials has requested the Insurance Regulatory and Development Authority of India (IRDAI), to take action against motor insurance service providers (MISPs).
29 Nov 2024
InsuranceFinance Ministry proposes 100% FDI in insurance sector
India's Ministry of Finance has proposed to raise the foreign direct investment (FDI) limit in domestic insurance companies from 74% to 100%.
25 Oct 2024
CybersecurityAfter Star Health data leak, IRDAI proposes stricter anti-fraud measures
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed changes to its fraud-monitoring framework for insurance companies. The move comes amid the changing face of cybercrimes.
19 Aug 2024
Indian GovernmentModi government is reportedly mulling 100% FDI in insurance sector
The Indian government is contemplating a proposal to increase the foreign direct investment (FDI) limit in the insurance sector, from 74% to 100% as per Times of India.
30 May 2024
BusinessHealth insurance cashless claims to be settled in 3-hours: IRDAI
The Insurance Regulatory and Development Authority of India (IRDAI) has issued a new master circular to expedite health insurance cashless claims settlement.
07 Apr 2024
BusinessIRDAI expresses concern over IIHL's proposal for Reliance Capital acquisition
The Insurance Regulatory and Development Authority of India (IRDAI), has raised questions about Hinduja Group-led IndusInd International Holdings Ltd (IIHL)'s proposed resolution plan, to acquire debt-laden Reliance Capital.
28 Jun 2020
CoronavirusSell standardized COVID-19 policies: IRDAI to insurance companies
As the number of COVID-19 cases continues to surge, the national insurance regulator is pushing standardized policies to help people protect themselves from the deadly disease.
16 Jun 2020
Supreme Court Of IndiaSC notice to Centre, IRDAI over insurance for mental illnesses
The Supreme Court on Tuesday sent notices to the Centre and the Insurance Regulatory Development Authority of India (IRDAI) on a plea seeking financial cover for mental illnesses.
30 Nov 2019
IndiaOnline insurance provider Acko raises $16 million from Ascent Capital
Mumbai-based insurance-tech start-up Acko General Insurance, a digital first platform which primarily offers two-wheeler and four-wheeler insurance, has raised $16 million in funding from Ascent Capital.
04 Jan 2019
IndiaRailway ticketing, Aadhaar, GST, more: Major policy changes in 2019
Apart from celebrating endings and beginnings, and cooking life-amending resolutions, New year is also a good time to look ahead for official policy changes taking place in the coming year.
23 Sep 2018
Madras High CourtIRDAI hikes insurance cover for motor owner-driver to Rs. 15L
All car and bike owners will now get a personal accident cover of Rs. 15 lakh for an annual premium of Rs. 750 as the Insurance Regulatory and Development Authority of India (IRDAI) has raised the minimum insurance cover.
13 May 2018
AsiaBSE seeks US regulator nod for its India International Exchange
Asia's oldest bourse BSE is planning to seek US regulator's nod for holding the status of Foreign Board of Trade (FBT) for its India International Exchange in GIFT city in Gujarat.
28 Mar 2018
IndiaBengaluru: 'Newborn' redefined, more insurance benefits for neonatal ICU kids
The increasing need for neonatal care has given way to a new definition of 'newborn' by the IRDA.
10 Mar 2018
InsuranceMotor vehicle third-party insurance premiums to get cheaper
Vehicle owners might be in for some good news as a proposal to lower premiums for the mandatory motor vehicle third-party (TP) insurance cover has been put into place.
16 Nov 2017
IndiaAadhaar-insurance policy linking: Deadline, process, consequences and more
The IRDAI (Insurance Regulatory and Development Authority of India) recently announced that linking Aadhaar to insurance policies, both general and life, is mandatory.
09 Sep 2017
Bombay Stock Exchange (BSE)Investing in stocks: Know your investment options
People's decision to invest in stock markets are largely affected by misconceptions about the stock market, a lack of adequate information, and a limited amount of funds.
27 Jun 2017
IndiaHDFC Life, Max rejig merger plans after IRDA's cancellation
Post Insurance Regulatory and Development Authority of India (IRDA) rejection of HDFC Life Insurance Co. Ltd and Max Life Insurance Co. Ltd's three-step union, the two firms have extended their merger deadline and have come up with a new structure in compliance with all norms.
07 Aug 2016
IndiaIRDA issues remuneration guidelines; caps CEO's salary at Rs.1.5 cr
In a first, the Insurance Regulatory and Development Authority (IRDA) of India issued remuneration guidelines for non-executive and managing directors at insurance companies.
