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Industry participants have argued that access to public markets could help them raise long-term capital, invest in digital infrastructure and improve service quality.

IRDAI defers Third Party Administrators' listing proposal, plans uniform intermediary framework

August 04, 2026 4:54 am

The question of whether insurance intermediaries should be allowed to access public markets is not confined to Third Party Administrators alone, it said

Insurers seek first third-party premium hike in four years as losses mount

July 27, 2026 6:24 am

Third-party motor premiums were last revised in June 2022 after a two-year freeze during Covid.

Insurance Bill, Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, insurance law, Irdai, Indian express news, current affairs

Insurance Bill: IRDAI to get search, seizure powers over intermediaries, more enforcement scope

December 17, 2025 3:43 pm

Under the revised provisions, the IRDAI Chairperson will be empowered to order searches, seizures and inspections if there is reason to believe that insurers and related entities have failed to produce documents, are withholding information relevant to an investigation, or are likely to tamper with records.

A mechanical engineer with an MBA, he has served in critical roles across state and central governments

Former finance secretary Ajay Seth set to become new IRDAI Chairman

July 24, 2025 3:43 pm

A 1987-batch IAS officer from the Karnataka cadre, Seth has held several key roles in the Finance Ministry.

Former IRDAI Chairman Debasish Panda, business news, indian express

IRDAI remains headless for 2 months after former Chairman's exit

May 15, 2025 8:47 pm

The insurance sector, which mobilised a whopping Rs 7 lakh crore as premium income in FY25, is a key player in the country’s growth

reinsurance business, Prem Watsa-backed FAL Corporation, GoDigit Founder Kamesh Goyal, Irdai, General Insurance Corporation, Indian express news, current affairs

IRDAI nod for first private reinsurance firm

March 14, 2025 10:03 pm

Currently, public sector General Insurance Corporation (GIC Re) is the only reinsurance company operating in India.

After RBI and Sebi, govt kicks off search for new IRDAI chief

March 10, 2025 11:34 pm

The government has advertised for a new chairman for Hyderabad-based IRDAI, just four days before the end of the tenure of the current Chairman.

Former SBI chairman Dinesh Khara will lead the high-powered panel tasked with scrutinising various aspects of the Insurance Act, 1938, and suggest amendments. (Express Archive Photo by Sankhadeep Banerjee)

Irdai forms 7-member committee to review insurance sector reforms

February 20, 2025 10:44 pm

The government’s major reforms proposals include composite licence, differential capital, reduction in solvency norms, issuing captive licence, change in investment regulations, one-time registration for intermediaries and allowing insurers to distribute other financial products.

Private insurers show 239% jump in motor commission payouts to Rs 16,578 crore

January 11, 2025 10:27 pm

Interestingly, public sector insurers kept away from the ‘commission game’ and reported only 31.59 per cent rise in commission expenses at `3,099 crore in FY2024 as against `2,355 crore in FY2023.