Corporate Law : IRDAI's Bima Vahak initiative aims to expand insurance reach in rural areas. It introduces a women-centric distribution channel fo...
Corporate Law : Overview of IRDAI's 2024 Corporate Governance Regulations for Insurers, covering board composition, committee structures, KMP appo...
Corporate Law : Learn about Bima-ASBA, IRDAI's new facility for insurance premium payments. This mechanism blocks funds in a prospect's account vi...
Corporate Law : Summarizing IRDAI's 2024 regulations on insurance advertising, this text covers definitions, mandatory disclosures, prohibitions, ...
Corporate Law : Learn about IMF Registration for private limited companies, its process, requirements, and benefits. Expand into insurance marketi...
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 : Every claim made against an insurance company in respect of a loss, would be a claim within purview of claims “requiring to be p...
Corporate Law : The Supreme Court held recently held in the case of Pushpa @ Leela & Ors. Versus Shakuntala & Ors that the insurance co...
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 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.
The 125th IRDAI Meeting reviewed regulations, insurance growth, and new guidelines. Key decisions included D-SIIs identification, rural obligations, and Bima Sugam.
IRDAI issues an order to SBI Life Insurance for violations found during an inspection, including governance lapses, claim repudiation, and compliance issues.
IRDAI updates capital subscription rules for insurers under 2024 regulations. New entities eligible to subscribe are specified in the circular dated 6th September 2024.
IRDAI releases a Master Circular to streamline policyholder rights, enhance claim settlements, and improve service standards for life, health, and general insurance.
IRDAI issues guidelines for insurers to expedite flood-related claims in Andhra Pradesh and Telangana. Insurers must mobilize resources and ensure prompt settlements.
IRDAI circular on 12th August 2024 updates KYC requirements for insurers, reflecting amendments in the Prevention of Money-Laundering Rules.
IRDAI mandates life insurers to submit data for specified categories to IIBI by 30 Sep 2024. Annual submissions to continue from FY 2024-25.
