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...
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...
Corporate Law : IRDAI approved in-principle drafting and publication of new and amended regulations following the Sabka Bima, Sabki Raksha (Amendm...
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 : 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 : The Authority found that core survey functions were carried out by unlicensed personnel. It held that such outsourcing violated re...
Corporate Law : The regulator cancelled a surveyor’s licence after finding false records, mismatched filings, and inaccurate disclosures. The ru...
Corporate Law : The case involved submission of a forged diploma for obtaining and renewing a licence. The Authority held that continued reliance ...
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...
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
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!
Explore the latest IRDA circular allowing insurers to invest in Infrastructure Debt Funds-NBFCs, streamlining the process for enhanced infrastructure sector financing.
IRDAI’s Circular on Cyclone Michaung claims, granting special dispensation to General Insurers. Increased limits for surveyors and assessors.
EXPOSURE DRAFT IRDAI (Registration and Operations of Foreign Reinsurers Branches & Lloyd’s India) Regulations, 2024 1. To meet the objective of the Authority to promote ease of doing business, the Regulation Review Committee (RRC) was formed with an intent of streamlining various regulations issued by the Authority. 2. The RRC has recommended unification of regulations, […]
