Sunday, Oct 02, 2022



Cashless push: Irdai allows insurers to empanel hospitals

July 21, 2022 2:37 am

While specifying the requirements, the board of insurers, among other things, should consider the minimum manpower and healthcare infrastructure facilities, the Insurance Regulatory and Development Authority of India (Irdai) said.

Irdai in favour of insurers in SLBC, proposes steep hike in premium target

July 18, 2022 3:22 am

Insurance Regulatory and Development Authority of India (Irdai) Chairman Debasish Panda said insurance companies should become members of the State Level Bankers Committee (SLBC) and boost the growth of the sector.

New car insurance plan: Premium based on usage, driving behaviour

July 07, 2022 7:33 pm

In the case of ‘pay as you drive”, as the policy is valid for a specified number of kilometres, the premium will be lower than standard plans for those who use their vehicles infrequently.

Surety Bonds stuck: Irdai asked to come up with model product

June 21, 2022 7:14 am

Road Transport Minister Nitin Gadkari had met the CEOs of some general insurance companies to fix some of legal and technical hitches that are preventing the general insurers from launching surety bonds, which can replace expensive Bank Guarantees.

‘Use & file’: New life insurance products sans nod

June 11, 2022 12:40 am

The Insurance Regulatory and Development Authority of India (Irdai) had earlier extended similar relaxations to health insurance products as well as general insurance covers.

Irdai eases capital requirement for PMJJBY to encourage more insurers to participate

June 03, 2022 6:34 pm

The easing of capital requirements by Irdai will accelerate the penetration of life insurance in India and will support the life insurers in achieving the target set by the government.

Market now, get nod later: Irdai eases approval for health insurance products

June 02, 2022 1:53 am

Health portfolio has emerged as the biggest segment in the general insurance category with a premium income of Rs 73,582 crore in FY22, a rise of 25.39 per cent.

Ahead of LIC IPO, Irdai allows insurers to invest more in BFSI

April 30, 2022 9:27 am

LIC on Wednesday priced its initial public offering (IPO) in the range of Rs 902-949 per share. LIC IPO will open on May 4 and will close on May 9. 

Panda: Irdai looking at review of norms to widen market, may allow micro insurers

April 08, 2022 9:29 am

The Insurance Regulatory and Development Authority of India is reviewing the Rs 100 crore capital, which is the minimum requirement for any new player to begin an insurance venture.

Banks violate Irdai norms, sell insurance policies above Rs 5 crore, claim brokers

April 04, 2022 6:24 am

Banks, which work as corporate agents of insurance companies, are allowed to solicit insurance cover only for policies where sum assured is not more than Rs 5 crore per policy as per the Insurance Regulatory and Development Authority of India’s (Irdai’s) corporate agent regulations