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Emerging risks | Growth Opportunities | APAC Insurance

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Sunday, September 13, 2026

IRDAI

ajay-seth-officially-takes-the-helm-as-irdai-chief
Ajay Seth officially takes the helm as IRDAI chief
September 1 2025
The former secretary of the Department of Economic Affairs, who succeeded Debasish Panda, officially began his tenure on September 1.
irdai-weighs-cap-on-health-insurance-premium-hikes-consultation-paper-expected-soon
IRDAI weighs cap on health insurance premium hikes, consultation paper expected soon: Reports
August 22 2025
IRDAI is considering caps on annual health insurance premium hikes amid concerns over steep price increases for policyholders.
report-indias-transport-ministry-considering-tp-premium-increase-following-regulators-proposal
IRDAI fines Policybazaar over disclosure, outsourcing, premium handling violations
August 6 2025
50m rupees (approx. US$570k) penalty follows a 2020 remote inspection and a five-year regulatory process that concluded with IRDAI’s final order in August 2025.
ajay-seth-becomes-new-irdai-chairman
Ajay Seth named new IRDAI Chairman
July 24 2025
Seasoned bureaucrat fills post that has been vacant since Debasish Panda's departure in March.
Saurav Jaiswal appointed CEO of Kiwi General Insurance
Indian startup Kiwi General Insurance taps Saurav Jaiswal as Co-founder and CEO
July 22 2025
Jaiswal brings extensive experience to new insurer, including most recently as President and COO of Tata AIG General Insurance.
indias-gic-irdai-in-talks-with-govt-to-create-independent-health-watchdog-report
India's GIC, IRDAI in talks with gov't to create independent health watchdog: Report
July 4 2025
Talks reportedly prompted by fraudulent practices and discriminatory pricing in hospitals based on a patient's insurance status.
air-india-flight-ai171-crashes-in-ahmedabad-with-242-on-board
Air India tragedy: IRDAI issues urgent directives, insurers ease documentation to fast-track settlements
June 16 2025
The incident, expected to be India’s largest ever aviation insurance payout, has triggered the creation of a joint claims cell and expedited claims processing.
report-indias-transport-ministry-considering-tp-premium-increase-following-regulators-proposal
India considering 18% hike for third party motor premiums: Report
June 9 2025
IRDAI has recommended an average of an 18% increase amid high loss ratios and rising claim costs.
rbi-equips-indias-insurers-with-new-bond-hedging-tool
RBI equips India’s insurers with new bond hedging tool
May 6 2025
Insurers can now leverage bond forwards for more precise protection against interest rate volatility.
indian-insurers-to-push-for-removal-of-gic-res-4-obligatory-cession-report
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.
irdai-moves-to-overhaul-fraud-oversight-following-insurer-data-breaches
IRDAI mandates 6-hour cyber incident reporting for insurers and intermediaries
April 1 2025
The directive reduces the previous 24-hour reporting window.
IRDAI
India keeps obligatory reinsurance cession at 4% for 2025-26
March 4 2025
Regulator maintains 4% reinsurance cession rate for third year in a row.
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New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September
Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.