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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 5691 Views 1 comment Print

IDRA modifies definition of Critical Illnesses for Health Insurance Products

Corporate Law : IRDA modifies definition of Critical Illnesses for Health Insurance Products. Stay updated with the latest changes in the guidelin...

May 30, 2022 1923 Views 0 comment Print

Adhering Timelines of Award Settlement as Per Rule 17(6) of Insurance Ombudsman Rules, 2017

Corporate Law : Learn about adhering to the timelines of award settlement as per Rule 17(6) of Insurance Ombudsman Rules, 2017. Find out why it's ...

May 30, 2022 4590 Views 0 comment Print

IRDAI (Investment) (Fifth Amendment) Regulations, 2013

Corporate Law : Understanding IRDAI (Investment) (Fifth Amendment) Regulations, 2013 and their impact on insurance companies in India....

May 21, 2022 4014 Views 0 comment Print

Analysis of IRDAI (Surety Insurance Contracts) Guidelines, 2022

Corporate Law : IRDAI (Surety Insurance Contracts) Guidelines, 2022 shall be applicable to all Insurers registered under the Insurance Act, 1938, ...

January 30, 2022 3390 Views 0 comment Print


Latest News


IRDAI Master Circular on Submission of Returns

Corporate Law : Explore IRDAIs consolidated Master Circular on Submission of Returns effective April 2024. Simplify compliance with 202 regulatory...

June 14, 2024 765 Views 0 comment Print

IRDAI’s Regulatory Revamp: A Paradigm Shift in Insurance Sector 

Corporate Law : Discover how IRDAI's recent regulatory overhaul aims to foster innovation, competition, and sustainable growth while protecting po...

March 24, 2024 768 Views 0 comment Print

Draft IRDAI (Protection of Policyholders’ Interests & Allied Matters of Insurers) regulations 2024

Corporate Law : Learn about the draft IRDAI (Protection of Policyholders' Interests & Allied Matters of Insurers) regulations 2024, including prov...

February 15, 2024 1323 Views 0 comment Print

Draft IRDAI (Rural, Social Sector & Motor Third Party Obligations) Regulations, 2024

Corporate Law : Explore the key provisions & implications of IRDAIs proposed regulations on rural, social sector & motor third party obligations. ...

February 8, 2024 849 Views 0 comment Print

Draft IRDAI Regulations 2024: Registration, Capital, Shares Transfer & Amalgamation

Corporate Law : Explore the proposed IRDAI Regulations 2024, consolidating key insurance rules. Learn about changes, clarity on capital structure,...

February 5, 2024 648 Views 0 comment Print


Latest Judiciary


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 4293 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 21347 Views 1 comment Print


Latest Notifications


IRDAI Updates KYC Rules for Insurers as per PMLA guidelines

Corporate Law : IRDAI circular on 12th August 2024 updates KYC requirements for insurers, reflecting amendments in the Prevention of Money-Launder...

August 12, 2024 114 Views 0 comment Print

IRDAI Directs Life Insurers to Submit Data to IIBI by 30th September 2024

Corporate Law : IRDAI mandates life insurers to submit data for specified categories to IIBI by 30 Sep 2024. Annual submissions to continue from F...

August 8, 2024 186 Views 0 comment Print

IRDAI Imposes Rs. 2 Crore Penalty on HDFC Life Insurance

Corporate Law : Explore IRDAI's order on HDFC Life Insurance Co. Ltd., addressing violations, regulatory issues, and the insurer's submissions. De...

August 4, 2024 19041 Views 1 comment Print

IRDAI’s New Guidelines for Wayanad Landslide Insurance Claims

Corporate Law : IRDAI directs insurers to expedite claims for Wayanad landslides, with specific guidelines for response, claim processing, and com...

August 2, 2024 198 Views 0 comment Print

IRDAI imposes penalty on Care Health Insurance for ESOP Violation

Corporate Law : Explore IRDAI's order against Care Health Insurance Ltd. for ESOP violations. Detailed analysis of legal implications, penalties i...

July 23, 2024 186 Views 0 comment Print


Insurance cover for new-borns/infants under Health insurance policies

December 8, 2022 798 Views 0 comment Print

Provision15(c) of guidelines on Standard Individual Health Insurance Product bearing ref: IRDAI/HLT/REG/CIR/001/1/2020 dated 1.1.2020 stands modified wherein 15(c) A.20 Internal Congenital Anomalies stands deleted from the list of diseases under specific waiting period

Upload of Motor Third Party data in IIBI’s portal

December 8, 2022 654 Views 0 comment Print

As per Section 147(2) of the amended Motor Vehicles Act, 1988, the Central Government prescribes premiums for motor third party insurance policies in consultation with the IRDAI.

Exposure Draft on Long-Term Motor Products covering both Motor Third Party Insurance and Own Damage Insurance

December 8, 2022 381 Views 0 comment Print

There shall be a ‘Board-approved policy’ set up by the Insurer containing ects relating to operational matters, accounting (including provisioning requirements) and disclosures for addressing the issue pertaining to cancellation of policy including claw-back of commission.

Exposure Draft on Long-Term Fire Insurance products 

December 8, 2022 672 Views 0 comment Print

Authority issued Guidelines relating to Fire and Allied perils standard products covering Dwellings, Micro and Small businesses, namely, – Bharat Griha Raksha (BGR), – Bharat Sookshma Udyam Suraksha (BSUS) and – Bharat Laghu Udyam Suraksha (BLUS)

Constitution of Working Group for suggesting regulatory framework post de-notification of existing tariffs

December 7, 2022 687 Views 0 comment Print

Pursuant to withdrawal of tariffs to rates, terms, conditions and regulations applicable to Fire, Engineering, Motor, Workmen’s Compensation and other classes of business by Tariff Advisory Committee

Extension of timelines for filing of Health Quarterly Returns to IRDAI

December 6, 2022 1098 Views 0 comment Print

Insurance Regulatory and Development Authority of India Circular Ref No: IRDAI/HLT/CIR/MISC/235/12/2022 Dated- 06th December, 2022 To All Insurers (except ECGC, AIC) and GI Council Re: Extension of timelines for filing of Health Quarterly Returns to the Authority 1. Reference is invited to the circular on Revision of Health Insurance Regulatory Returns vide Circular Ref No. IRDAI/HLT/CIR/MISC/190/9/2022 […]

IRDAI (Appointed Actuary) Regulations, 2022

December 5, 2022 2868 Views 0 comment Print

A. These Regulations may be called Insurance Regulatory and Development Authority of India (Appointed Actuary) Regulations, 2022. B. The Insurance Regulatory and Development Authority of India (Appointed Actuary) Regulations, 2017 and any amendments made thereafter shall be repealed from the date these Regulations come into force.

IRDA (Registration of Indian Insurance Companies) Regulations, 2022

December 5, 2022 6615 Views 0 comment Print

These Regulations may be called the Insurance Regulatory and Development Authority of India (Registration of Indian Insurance Companies) Regulations, 2022.

IRDAI (Other Forms of Capital) Regulations, 2022

December 5, 2022 3033 Views 0 comment Print

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA NOTIFICATION Hyderabad, the 5th December, 2022. Insurance Regulatory Development Authority of India (Other Forms of Capital) Regulations, 2022 F. No. IRDAI/Reg/8/187/2022.—In exercise of the powers conferred by Section 6A (1) (i) and Section 114A (2) (db) of the Insurance Act, 1938, section 26 of the Insurance Regulatory and […]

IRDAI (Registration of Indian Insurance Companies) Regulations, 2022

December 5, 2022 1419 Views 0 comment Print

These Regulations may be called the Insurance Regulatory and Development Authority of India (Registration of Indian Insurance Companies) Regulations, 2022.

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