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 key provisions & implications of IRDAIs proposed regulations on rural, social sector & motor third party obligations. Learn how these changes affect insurers & policyholders.
This article explores the key forms of automotive insurance that Indian vehicle owners should strongly consider to ensure complete protection on the country’s often chaotic roads.
Explore the proposed IRDAI Regulations 2024, consolidating key insurance rules. Learn about changes, clarity on capital structure, and how it aims to enhance business ease.
Explore the Exposure Draft by IRDAI on Corporate Governance Regulations 2024. Share your insights before 23rd Feb to shape insurance industry governance. Learn more.
Explore the latest IRDAI guidelines effective from April 2024, emphasizing AYUSH coverage integration in health insurance policies. Ensure compliance for holistic healthcare options
Stay informed about the latest IRDAI notification on de-notifying arbitration clauses in insurance tariffs for Fire, Motor, Engineering, and more. Effective from 27th October 2023.
Explore the details of IRDAI new regulations, focusing on expense management and commission payments in the insurance sector. Learn about the key changes and their impact.
Explore the impact of Insurtech on India’s insurance sector, regulatory challenges, and the potential of technology-driven innovation in reshaping the industry.
Read about IRDAIs final order on Anmol Medicare TPA, imposing penalties for violating loan regulations. Detailed analysis of charges, TPAs response, and Authoritys decision.
Stay informed! Understand IRDAI’s regulations for insurers. Learn about the submission of advance reinsurance programs, formats, and compliance guidelines. Read now!
