Insurance Regulatory and Development Authority of India

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New IRDAI chief warns high distributor commissions driving up policy costs, proposes mutual fund-style model: Report

September 29 2025

Chairman Ajay Seth has proposed insurers explore mutual fund-style distribution models as the regulator prepares to form a panel on reducing costs.

India takes next step toward Bima Sugam marketplace as website goes live

September 19 2025

The platform, launched in Hyderabad with IRDAI Chairman Ajay Seth officiating, marks the first step in India’s “Insurance for All by 2047” strategy and is expected to enable transactions by December 2...

IRDAI proposes fee-based bancassurance model, ending bank commissions: Report

May 7 2025

The regulator has also proposed allowing banks to partner with multiple insurers.

Indian insurers to push for removal of GIC Re’s 4% obligatory cession: Report

May 6 2025

In February, IRDAI confirmed the 4% obligatory cession rate would remain for FY2025–26.

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Canara HSBC Life Insurance files for IPO: Report

April 29 2025

Existing shareholders set to divest part of their holdings for IPO, says Reuters.

Photo of Indian man using multiple computer screens.

IRDAI issues revised Information and Cyber Security Guidelines

April 26 2023

The guidelines have been issued in response to the adoption of new technologies and rise of cybersecurity incidents

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25 September