IRDAI

Report: IRDAI mulling over the introduction of MGA's in India

June 20 2023

The introduction of Managing General Agents aligns with the regulator's ambitious goal of greatly increasing penetration.

irdai-asks-for-claims-related-to-cyclone-biparjoy-to-be-settled-quickly

IRDAI calls for speedy settlement of Cyclone Biparjoy claims

June 17 2023

Insurers urged to help financial burden of those affected by expected widespread damage.

Further rule changes being considered to increase insurance penetration: IRDAI Chairman

June 15 2023

Debasish Panda told Bloomberg that the IRDAI is looking into further law amendments including capital requirements, registrations, and value-added services.

india-to-require-all-insurance-policy-holders-to-create-health-id-number

India to require all insurance policyholders to have associated health ID number

June 15 2023

All policy buyers and holders will need an ABHA ID number which the regulator says will improve transparency, increase trust, and reduce fraud.

IRDAI: Some insurance entities are failing to adhere to cyber incident guidelines

June 14 2023

The Indian regulator issued a circular to make it clear that all insurance entities need to abide by its cyber incident protocol.

Securities Appellate Tribunal pauses IRDAI's order to transfer Sahara India Life's 200,000 policies to SBI

June 14 2023

The SAT issued a stay order on IRDAI's direction, saying that there was no urgency and that the regulator's decision was made ex parte.

irdai-gives-green-light-for-digital-pc-insurer-go-digit-to-provide-life-insurance

IRDAI gives green light for Indian P&C insurer to receive life licence

June 11 2023

Go Digit is broadening its scope by venturing into the life market while maintaining its aim to go public.

IRDAI: Availability, Accessibility and Affordability key to Insurance for All 2047 strategy

May 27 2023

Chairman Debasish Panda outlined the Indian regulator's efforts to remove red tape and relax regulations in order to reach the 2047 objective.

IRDAI to host monthly Open House for insurtechs to encourage innovation

May 25 2023

The meetings will take place at The Insurance Regulatory and Development Authority of India head office on the 15th of every month.

IRDAI sets new guidelines to strengthen surety insurance market

May 17 2023

The Indian regulator has lowered the solvency requirements from 1.875 to 1.5 times the control level.

IRDAI emphasise compliance of coverage for surrogate mothers and egg donors

May 16 2023

Insurance companies, surrogates, and donors are subject to comply with India's Surrogacy and ART Acts.

IRDAI forms expert Committee to advise on Mental Health and Insurance matters

May 15 2023

The committee comprises various experts from both the mental health and insurance domains.

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