Finance : Individual and family floater health insurance plans provide different types of coverage and claim structures. The right choice de...
Corporate Law : The Supreme Court observed that conflicting judicial decisions on identical issues create legal uncertainty and erode public confi...
Finance : This guide explains why senior travellers should review travel insurance coverage, organise medical records, and plan ahead before...
Finance : Electric two-wheelers are becoming a more visible part of everyday mobility in India. As the EV market grows, riders are also begi...
Finance : Section 10(10D) provides exemption only when premium limits are within prescribed thresholds. If premiums exceed these limits, mat...
Corporate Law : IRDAI approved implementation of Ind AS for all insurers from 1 April 2026 with transitional arrangements and limited forbearance....
Corporate Law : The proposed PEPF framework seeks to improve insurance penetration through financial literacy, digital services, and awareness pro...
Corporate Law : IRDAI has proposed comprehensive amendments to insurance intermediary regulations to implement the SBSR Act, 2025. The proposals s...
Corporate Law : IRDAI's draft 2026 amendments overhaul actuarial governance, reporting, investment norms, and insurer compliance to align with the...
Corporate Law : IRDAI has released draft amendments simplifying the registration framework for foreign reinsurers and Lloyd's India while introduc...
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 has extended transitional arrangements for annual fee payment and registration certificates until 31 August 2026 or notifica...
Corporate Law : IRDAI has constituted a Working Group to develop governance, oversight, and security frameworks for AI adoption in the insurance s...
Corporate Law : IRDAI has amended its earlier notification to prescribe a 4% obligatory cession and require the entire cession to be placed with G...
Corporate Law : IRDAI has cautioned that the entity's Certificate of Registration as an Insurance Marketing Firm has expired and remains unrenewed...
Corporate Law : The regulator held that agreements lacking clear fee provisions undermined contractual clarity and regulatory compliance. A penalt...
Individual and family floater health insurance plans provide different types of coverage and claim structures. The right choice depends on age, health profile, family size, and the level of financial protection required.
IRDAI has extended transitional arrangements for annual fee payment and registration certificates until 31 August 2026 or notification of amended regulations, whichever is earlier.
IRDAI approved implementation of Ind AS for all insurers from 1 April 2026 with transitional arrangements and limited forbearance. The Authority also introduced regulatory measures to support a smooth industry-wide transition.
The Supreme Court observed that conflicting judicial decisions on identical issues create legal uncertainty and erode public confidence. It emphasized that both courts and advocates share responsibility for maintaining consistency, fairness, and institutional discipline.
The proposed PEPF framework seeks to improve insurance penetration through financial literacy, digital services, and awareness programmes. It also introduces governance and audit mechanisms for effective fund administration.
IRDAI has proposed comprehensive amendments to insurance intermediary regulations to implement the SBSR Act, 2025. The proposals simplify registration, introduce annual fees, strengthen governance, and enhance policyholder protection.
IRDAI’s draft 2026 amendments overhaul actuarial governance, reporting, investment norms, and insurer compliance to align with the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025.
IRDAI has released draft amendments simplifying the registration framework for foreign reinsurers and Lloyd’s India while introducing new compliance requirements. Stakeholders may submit comments on the exposure draft by 10 July 2026.
The Exposure Draft revises the regulatory framework governing Third Party Administrators by introducing annual fee obligations, continuation of registration procedures, and updated compliance provisions. Stakeholders have been invited to submit comments before the specified deadline.
IRDAI has issued draft regulations prescribing a transparent procedure for imposing penalties under insurance laws. The proposal emphasizes due process, proportional penalties, and greater procedural fairness.