Finance : Section 10(10D) provides exemption only when premium limits are within prescribed thresholds. If premiums exceed these limits, mat...
Finance : The article highlights the need for integrated travel and health insurance to manage both medical emergencies and trip disruptions...
Income Tax : Even where premium limits are exceeded, death benefits continue to be fully exempt. This ensures protection for beneficiaries. The...
Finance : Cyber insurance helps cover financial losses from cyberattacks like hacking and data breaches. It is becoming essential as digital...
Finance : The restoration feature ensures that insurance coverage can be reinstated after a major claim, helping maintain protection for oth...
Corporate Law : IRDAI formed a sub-committee to review private health insurance and improve policyholder experience. The initiative focuses on exp...
Corporate Law : The issue concerns identification of systemically important insurers. The regulator retained the same entities, emphasizing their ...
Corporate Law : IRDAI directs insurers to follow anti-dark pattern guidelines and submit compliance reports. The move strengthens consumer protect...
Corporate Law : The Government clarified that claim rejections are based on policy conditions like exclusions and OPD classification. IRDAI mandat...
Corporate Law : IRDAI is moving towards adopting Ind AS to standardize financial reporting across insurers. The framework aims to improve transpar...
Corporate Law : Supreme Court held that insurers impleaded as parties can raise all grounds, including quantum challenges. It remitted the case fo...
Income Tax : The SC upheld that reinsurance premiums paid to foreign entities are not taxable in India. It confirmed that absence of income acc...
Income Tax : The High Court held that reinsurance premiums paid to non-residents are not taxable in India and no TDS is required. It upheld Tri...
Corporate Law : SC affirmed a fire insurance claim after insurer attempted repudiation based on an arbitrary surveyor's report. Ruling held that o...
Corporate Law : Supreme Court rules pre-2015 life insurance policies were freely transferable, affirming High Court's decision against LIC's refus...
Corporate Law : IRDAI delegates Section 34 powers between Whole Time Members and Chairperson. The move aims to streamline enforcement actions and ...
Corporate Law : The notification addressed mandatory reinsurance cession for general insurance policies. It mandates 4% cession to GIC Re, ensurin...
Corporate Law : The issue was the need to address increasing cyber risks in the insurance sector. IRDAI introduced updated guidelines with enhance...
Corporate Law : The circular shifts SLAs from a renewal-based licensing system to a registration regime with annual fees. This ensures continuity ...
Corporate Law : IRDAI constituted a Joint Expert Group to tackle transition and implementation issues under Ind AS. The group will guide insurers ...
Explore the latest IRDAI regulations of 2024 focusing on policyholder interests, operations, and insurer conduct. Understand the implications and how they safeguard policyholders rights.
Explore the latest Insurance Regulatory and Development Authority of India (IRDAI) regulations on corporate governance for insurers in 2024.
Explore the latest Insurance Regulatory and Development Authority of India (IRDAI) notification on Bima Sugam – Insurance Electronic Marketplace Regulations 2024. Learn about objectives, definitions, establishment, governance, functions, and more.
Stay informed about the latest Insurance Regulatory and Development Authority of India (IRDAI) regulations for rural, social sector, and motor insurance obligations effective from April 1, 2024.
These regulations may be called the Insurance Regulatory and Development Authority of India (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024.
Understand the implications of the recent IRDAI notification de-notifying various insurance tariffs in India. Learn how it affects insurers and consumers.
Explore the latest Insurance Regulatory and Development Authority of India (IRDAI) regulations for insurance products in 2024. Learn about the key objectives, principles of product development, pricing, governance, and more.
Learn about the Insurance Regulatory and Development Authority of Indias latest regulations for foreign reinsurers branches and Lloyd’s India in 2024.
Explore the landscape of general insurance in India, covering categories, regulatory structures, historical developments, legal framework, landmark judgments, and the role of the IRDAI.
Life insurance is an important financial tool that provides protection and peace of mind at various stages of life. As individuals navigate through different life phases, their priorities, responsibilities, and financial needs evolve.
