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SAT directs Irdai to recalculate unlawful gains in SBI Life case

New Delhi, Jan 30 () The Securities Appellate Tribunal (SAT) has directed insurance regulator Irdai…

PTI   


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IRDAI allows insurers to offer short-term health policies against COVID-19

With an objective of making available insurance protection to various sections of people in the pre…

PTI   


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Irdai levies Rs 3 cr penalty on Maruti Insurance Brokers

New Delhi, Dec 30 () Irdai has imposed a penalty of Rs 3 crore on Maruti lnsurance Brokers Pvt Limi…

PTI   


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PNB seeks IRDAI forbearance for paring stake in Canara HSBC OBC Life

New Delhi, Feb 3 () State-owned Punjab National Bank is seeking IRDAI forbearance on cutting down s…

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Irdai panel pitches for daily premium payment policies to promote micro-insurance

New Delhi, Jan 30 () An Irdai panel has suggested introduction of daily premium payment policies to…

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Indian insurance companies get a warning from the regulator

The insurance regulator issued a circular laying out guidelines for dos and don'ts for insurance co…

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Irdai asks insurers to provide 1-month grace period for renewal premium payments

Also, all insurance companies have been asked to display on their websites, the information on func…

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Irdai restores Reliance Capital's 100 pc shareholding in Reliance General Insurance

New Delhi, Dec 29 () Reliance Capital on Sunday said the Insurance Regulatory and Development Autho…

PTI   


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Irdai proposes to hike third-party motor insurance premium on cars, two-wheelers

Similarly, for cars falling between 1,000 cc and 1,500 cc also, premium is being proposed to be in…

PTI   


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ICICI Lombard gets Irdai nod to pilot 5 projects under Regulatory Sandbox

New Delhi, Jan 22 () ICICI Lombard on Wednesday said it has received Irdai's approval to pilot five…

PTI   


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Fairfax-backed Digit Insurance gets Irdai nod to raise USD 84 mn

This is one of the largest funding rounds in the domestic general insurance space, the company, wh…

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Irdai asks health insurers to decide on claims within 2 hrs as COVID-19 scare spreads

"Decision on authorisation for cashless treatment shall be communicated to the network provider (h…

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Irdai asks health insurers to settle claims within 2 hrs as COVID-19 scare spreads

"Decision on authorisation for cashless treatment shall be communicated to the network provider (h…

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Bharti AXA General gets Irdai nod for two products under regulatory sandbox framework

New Delhi, Jan 21 () Private non-life insurer Bharti AXA General Insurance on Tuesday said it has r…

PTI   


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Insurance intermediaries with majority foreign stake can't repatriate over 75% as dividend: Irdai

New Delhi, Jan 3 () Insurance intermediaries having majority foreign holding cannot repatriate divi…

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Offer standard health policies with maximum sum insured Rs 5 lakh: Irdai to insurers

New Delhi, Jan 2 () Regulator Irdai on Thursday issued guidelines on standard individual health ins…

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Irdai slaps Rs 2.18 cr fine on Hero Insurance Broking for violating norms

New Delhi, Dec 31 () Insurance regulator Irdai has slapped a fine of Rs 2.18 crore on Hero Insuranc…

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Irdai slaps Rs 1 cr penalty each on ICICI Lombard, Tata AIG for violation of norms

New Delhi, Jan 29 () Regulator Irdai has imposed a penalty of Rs 1 crore each on ICICI Lombard GIC …

PTI   


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Irdai cautions SBI Life's foreign promoter Cardif for selling shares without seeking prior approval

New Delhi, Dec 24 () Insurance regulator Irdai has cautioned the foreign promoter of SBI Life Insur…

PTI   


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IRDAI approves 51 per cent stake acquisition in Max Bupa Health Insurance by True North

New Delhi, Dec 3 () Max India on Tuesday said the Insurance Regulatory and Development Authority of…

PTI