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...
IRDAI formed a sub-committee to review private health insurance and improve policyholder experience. The initiative focuses on expanding coverage, enhancing claims processes, and strengthening trust.
The article highlights the need for integrated travel and health insurance to manage both medical emergencies and trip disruptions abroad. It explains how combined coverage simplifies claims and support.
The circular shifts SLAs from a renewal-based licensing system to a registration regime with annual fees. This ensures continuity of registration subject to compliance.
Even where premium limits are exceeded, death benefits continue to be fully exempt. This ensures protection for beneficiaries. The takeaway is that exemption rules differ for survival and death benefits.
The issue was the need to address increasing cyber risks in the insurance sector. IRDAI introduced updated guidelines with enhanced governance and security standards. The key takeaway is mandatory compliance for all regulated entities.
The issue concerns identification of systemically important insurers. The regulator retained the same entities, emphasizing their critical role and need for enhanced supervision.
IRDAI directs insurers to follow anti-dark pattern guidelines and submit compliance reports. The move strengthens consumer protection in digital insurance platforms.
The IRDAI issued a circular providing clarifications on the implementation of Indian Accounting Standards (Ind AS) by insurers effective from 1 April 2026. It mandates preparation of financial statements under Ind AS with parallel reporting of existing financial information for at least two years to ensure a smooth transition. Insurers must submit quarterly financial statements […]
The Government clarified that claim rejections are based on policy conditions like exclusions and OPD classification. IRDAI mandates transparency and provides grievance mechanisms to protect policyholders.
IRDAI is moving towards adopting Ind AS to standardize financial reporting across insurers. The framework aims to improve transparency, comparability, and global alignment.
