Corporate Law : Learn about IMF Registration for private limited companies, its process, requirements, and benefits. Expand into insurance marketi...
Corporate Law : Learn how to apply for a Surveyor & Loss Assessor License in India. Check eligibility, required documents, fees, and IRDAI exam de...
Income Tax : Section 194D now increases the threshold for tax deduction on insurance commissions from Rs. 15,000 to Rs. 20,000, effective from ...
Finance : When it comes to insurance policies for your family’s finances, choosing the right term insurance is very essential. Although, t...
Corporate Law : IRDAI’s 2024 regulations simplify processes for registration, share transfers, and mergers of Indian insurance companies, aiming...
Corporate Law : IRDAI permits insurers to use equity derivatives for hedging, aiming to reduce portfolio risks amid market volatility. Strict comp...
Corporate Law : LIC adjusts entry age, minimum sum assured, and agent commissions. Government provides insights on these changes, addressing conce...
Corporate Law : Govt. responds to concerns over high health insurance premiums, citing actuarial principles and IRDAI regulations to ensure fair p...
Corporate Law : IRDAI revises regulations for the Insurance Advisory Committee, enhancing meeting flexibility and clarifying advisory roles. Publi...
Corporate Law : IRDAI proposes updates to re-insurance committee regulations, introducing flexibility in meetings and member resignation or remova...
Corporate Law : In present facts of the case, the National Commission observed that where the Final Surveyor’s Report credibility becomes doubtf...
Corporate Law : In present facts of the case, the National Commission allowed the Revision Petition filed by the Complainant by making observation...
Corporate Law : In present facts of the case, the Revision Petition have been filed by the Petitioner – LIC against Respondents under section 21...
Corporate Law : Tyre burst is not an act of God but a consequence of negligence and the Driver/ Insurance company cannot be exonerated for the sam...
Corporate Law : Oriental Insurance Company Limited Vs Dacite Furnishing Limited (Supreme Court) For deciding the application under Section 11(6) o...
Corporate Law : IRDAI allows insurers to hedge equity risks using derivatives. The guidelines specify permitted instruments, risk management, and ...
Corporate Law : IRDAI mandates a 4% obligatory cession to GIC Re for 2025-26, excluding terrorism and nuclear risks. Learn about commission rates ...
Corporate Law : IRDAI penalizes UIB Insurance Brokers ₹1 crore for delayed premium remittances. The company must review pending transactions and...
Corporate Law : IRDAI introduces Bima-ASBA via UPI for secure insurance premium payments. Funds blocked until proposal acceptance. Effective from ...
Corporate Law : IRDAI caps annual premium hike for senior citizens' health insurance at 10%, mandates prior consultation for higher revisions, and...
Explore global insurance fraud laws, prevention methods, and IRDAI’s role in tackling fraud. Learn how jurisdictions address risk management and regulatory gaps.
IRDAI revises regulations for the Insurance Advisory Committee, enhancing meeting flexibility and clarifying advisory roles. Public comments invited by 26 Nov 2024.
IRDAI proposes updates to re-insurance committee regulations, introducing flexibility in meetings and member resignation or removal criteria.
IRDAI proposes amendments to its meeting regulations to enhance clarity and efficiency, including changes to meeting frequency, notice periods, and roles.
IRDAI drafts new regulatory sandbox amendments to encourage insurance sector innovation and streamline compliance. Public comments are invited until November 25, 2024.
IRDAI proposes new regulations for insurers to maintain and share information securely. Comments requested by November 20, 2024.
IRDAI releases draft guidelines on insurance fraud monitoring, open for feedback till Nov 13, 2024. Aims to strengthen fraud detection, prevention & response.
IRDAI fined Marsh India ₹1 crore for violating regulations on premium remittance delays exceeding 15 days. The broker failed to comply with required timelines.
Explore how climate change reshapes the insurance industry, affecting risk assessment, premiums, and coverage options in an increasingly volatile environment.
In an unfortunate event that you pass away too soon, life insurance is an essential financial tool that gives your loved ones a safeguard. The abundance of possibilities makes choosing the optimal approach rather challenging. Utilizing our guide to navigate the complexity of life insurance will enable you to make an informed decision.
