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IRDA

Latest Articles


Insurers and TPAs as Data Fiduciaries: Challenges and Solutions

Corporate Law : Explore the complexities faced by insurers and TPAs as data fiduciaries, navigating regulatory landscapes. Learn strategies and im...

May 13, 2024 942 Views 0 comment Print

Insurtech Revolution in India: Challenges, Regulatory Gaps & Future Trends

Corporate Law : Explore the impact of Insurtech on India's insurance sector, regulatory challenges, and the potential of technology-driven innovat...

January 12, 2024 1182 Views 0 comment Print

IRDAI and Companies Act 2013: Insurance Companies’ Final Accounts

Corporate Law : Explore financial statements and accounting standards for insurance companies as per IRDAI regulations and Companies Act 2013. Lea...

October 8, 2023 4251 Views 0 comment Print

Insurance Claim Delays & Policy Holders’ Rights | IRDAI Regulations

Corporate Law : Learn about insurance claim delays faced by policyholders and their rights as per IRDAI Regulations. Understand the claims procedu...

August 8, 2023 30924 Views 0 comment Print

Incorporation of Insurance Broking Company

Corporate Law : As per requirement of Ministry of Corporate Affairs, to use the word Insurance, prior no-objection certificate shall be obtained f...

September 22, 2022 6120 Views 1 comment Print


Latest News


IRDA (Insurance Advisory Committee) (Amendment) Regulations, 2024

Corporate Law : IRDAI revises regulations for the Insurance Advisory Committee, enhancing meeting flexibility and clarifying advisory roles. Publi...

November 8, 2024 552 Views 0 comment Print

Draft IRDA (Re-Insurance Advisory Committee) (Amendment) Regulations, 2024

Corporate Law : IRDAI proposes updates to re-insurance committee regulations, introducing flexibility in meetings and member resignation or remova...

November 8, 2024 138 Views 0 comment Print

Draft IRDA (Meetings) (Amendment) Regulations, 2024

Corporate Law : IRDAI proposes amendments to its meeting regulations to enhance clarity and efficiency, including changes to meeting frequency, no...

November 8, 2024 132 Views 0 comment Print

16 Key Decisions from 125th IRDAI Meeting on 19th March 2024

Corporate Law : The 125th IRDAI Meeting reviewed regulations, insurance growth, and new guidelines. Key decisions included D-SIIs identification, ...

September 11, 2024 435 Views 0 comment Print

IRDAI Strengthens measures to empower the Policyholders

Corporate Law : IRDAI releases a Master Circular to streamline policyholder rights, enhance claim settlements, and improve service standards for l...

September 5, 2024 423 Views 0 comment Print


Latest Judiciary


Approve Insurance claim of COVID-19 patients in 30 to 60 Minutes: HC

Company Law : Vinay Jaidka Vs Chief Secretary (Delhi High Court) Abhishek Nanda, ld. Counsel who appears for the Insurance Regulatory and Develo...

April 28, 2021 3696 Views 2 comments Print

Every claim made against an insurance company in respect of a loss, would be a claim within purview of claims “requiring to be paid or settled” under section 64UM(2) of Insurance Act

Corporate Law : Every claim made against an insurance company in respect of a loss, would be a claim within purview of claims “requiring to be p...

May 24, 2011 4368 Views 0 comment Print

Insurance company liable to pay compensation till vehicle owner’s name is in register

Corporate Law : The Supreme Court held recently held in the case of Pushpa @ Leela & Ors. Versus Shakuntala & Ors that the insurance co...

January 18, 2011 21608 Views 1 comment Print

Applicability of TDS in case of Third Party Administrator (TPA) providing health insurance claim services

Income Tax : Having regard to the agreement entered into inter se between the hospital and the TPA for payment of money to the hospital, it can...

August 13, 2009 13358 Views 0 comment Print

Payment for non-compete right is not an intangible asset eligible for depreciation

Income Tax : Srivatsan Surveyors Pvt. Ltd. ('Appellant') is engaged in the business of licensed surveyors and loss assessors under the Insuranc...

December 12, 2008 906 Views 0 comment Print


Latest Notifications


Exposure draft – IRDAI (Regulatory Sandbox) (Amendment) Regulations, 2024

Corporate Law : IRDAI drafts new regulatory sandbox amendments to encourage insurance sector innovation and streamline compliance. Public comments...

November 8, 2024 69 Views 0 comment Print

IRDAI Drafts New Regulations for Data Maintenance

Corporate Law : IRDAI proposes new regulations for insurers to maintain and share information securely. Comments requested by November 20, 2024....

November 4, 2024 123 Views 0 comment Print

IRDAI (Insurance Fraud Monitoring Framework) Guidelines, 2024

Corporate Law : IRDAI releases draft guidelines on insurance fraud monitoring, open for feedback till Nov 13, 2024. Aims to strengthen fraud detec...

October 23, 2024 312 Views 0 comment Print

IRDAI Imposes ₹1 Crore Penalty on Marsh India for Delayed Premium Remittance

Corporate Law : IRDAI fined Marsh India ₹1 crore for violating regulations on premium remittance delays exceeding 15 days. The broker failed to ...

October 14, 2024 6990 Views 0 comment Print

SBI Life Insurance penalised & cautioned for selling products after withdrawal & violation of web aggregator outsourcing rules

Corporate Law : IRDAI issues an order to SBI Life Insurance for violations found during an inspection, including governance lapses, claim repudiat...

September 6, 2024 324 Views 0 comment Print


Latest Posts in IRDA

IRDA (Insurance Advisory Committee) (Amendment) Regulations, 2024

November 8, 2024 552 Views 0 comment Print

IRDAI revises regulations for the Insurance Advisory Committee, enhancing meeting flexibility and clarifying advisory roles. Public comments invited by 26 Nov 2024.

Exposure draft – IRDAI (Regulatory Sandbox) (Amendment) Regulations, 2024

November 8, 2024 69 Views 0 comment Print

IRDAI drafts new regulatory sandbox amendments to encourage insurance sector innovation and streamline compliance. Public comments are invited until November 25, 2024.

Draft IRDA (Re-Insurance Advisory Committee) (Amendment) Regulations, 2024

November 8, 2024 138 Views 0 comment Print

IRDAI proposes updates to re-insurance committee regulations, introducing flexibility in meetings and member resignation or removal criteria.

Draft IRDA (Meetings) (Amendment) Regulations, 2024

November 8, 2024 132 Views 0 comment Print

IRDAI proposes amendments to its meeting regulations to enhance clarity and efficiency, including changes to meeting frequency, notice periods, and roles.

IRDAI Drafts New Regulations for Data Maintenance

November 4, 2024 123 Views 0 comment Print

IRDAI proposes new regulations for insurers to maintain and share information securely. Comments requested by November 20, 2024.

IRDAI (Insurance Fraud Monitoring Framework) Guidelines, 2024

October 23, 2024 312 Views 0 comment Print

IRDAI releases draft guidelines on insurance fraud monitoring, open for feedback till Nov 13, 2024. Aims to strengthen fraud detection, prevention & response.

IRDAI Imposes ₹1 Crore Penalty on Marsh India for Delayed Premium Remittance

October 14, 2024 6990 Views 0 comment Print

IRDAI fined Marsh India ₹1 crore for violating regulations on premium remittance delays exceeding 15 days. The broker failed to comply with required timelines.

16 Key Decisions from 125th IRDAI Meeting on 19th March 2024

September 11, 2024 435 Views 0 comment Print

The 125th IRDAI Meeting reviewed regulations, insurance growth, and new guidelines. Key decisions included D-SIIs identification, rural obligations, and Bima Sugam.

SBI Life Insurance penalised & cautioned for selling products after withdrawal & violation of web aggregator outsourcing rules

September 6, 2024 324 Views 0 comment Print

IRDAI issues an order to SBI Life Insurance for violations found during an inspection, including governance lapses, claim repudiation, and compliance issues.

IRDAI Circular on Subscribers to Other Forms of Capital

September 6, 2024 330 Views 0 comment Print

IRDAI updates capital subscription rules for insurers under 2024 regulations. New entities eligible to subscribe are specified in the circular dated 6th September 2024.

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