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Bima Vahak: A New Women Centric Insurance Distribution Approach

Corporate Law : IRDAI's Bima Vahak initiative aims to expand insurance reach in rural areas. It introduces a women-centric distribution channel fo...

July 29, 2025 1491 Views 0 comment Print

IRDAI’s 2024 Corporate Governance Rules for Insurers

Corporate Law : Overview of IRDAI's 2024 Corporate Governance Regulations for Insurers, covering board composition, committee structures, KMP appo...

July 25, 2025 3402 Views 0 comment Print

BIMA Applications Supported By Blocked Amount (BIMA – ASBA)

Corporate Law : Learn about Bima-ASBA, IRDAI's new facility for insurance premium payments. This mechanism blocks funds in a prospect's account vi...

July 25, 2025 1242 Views 0 comment Print

IRDAI (PPHI, Operations & Allied Matters of Insurers) Regulations, 2024 (Advertising)

Corporate Law : Summarizing IRDAI's 2024 regulations on insurance advertising, this text covers definitions, mandatory disclosures, prohibitions, ...

July 25, 2025 3627 Views 0 comment Print

Insurance Marketing Firm Registration for Pvt Ltd Companies: Process & Benefits

Corporate Law : Learn about IMF Registration for private limited companies, its process, requirements, and benefits. Expand into insurance marketi...

March 4, 2025 3468 Views 0 comment Print


Latest News


IRDAI Approves Ind AS Implementation as Insurance Sector Transitions to Global Accounting Standards

Corporate Law : IRDAI approved implementation of Ind AS for all insurers from 1 April 2026 with transitional arrangements and limited forbearance....

July 1, 2026 309 Views 0 comment Print

IRDAI Plans Dedicated Policyholder Protection Fund to Enhance Insurance Inclusion

Corporate Law : The proposed PEPF framework seeks to improve insurance penetration through financial literacy, digital services, and awareness pro...

June 24, 2026 381 Views 0 comment Print

IRDAI Proposes Insurance Intermediary Reforms to Align with SBSR Act 2025

Corporate Law : IRDAI has proposed comprehensive amendments to insurance intermediary regulations to implement the SBSR Act, 2025. The proposals s...

June 22, 2026 810 Views 0 comment Print

IRDAI Proposes Major Actuarial Rule Changes to Align with Insurance Law Amendments

Corporate Law : IRDAI's draft 2026 amendments overhaul actuarial governance, reporting, investment norms, and insurer compliance to align with the...

June 20, 2026 549 Views 0 comment Print

IRDAI Invites Comments on Reinsurance Regulation Changes to Simplify Registration

Corporate Law : IRDAI has released draft amendments simplifying the registration framework for foreign reinsurers and Lloyd's India while introduc...

June 20, 2026 324 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 4881 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 22973 Views 1 comment Print


Latest Notifications


IRDAI Extends Transitional Arrangements Until 31st August 2026

Corporate Law : IRDAI has extended transitional arrangements for annual fee payment and registration certificates until 31 August 2026 or notifica...

July 3, 2026 414 Views 0 comment Print

IRDAI Forms AI Working Group to Strengthen Governance in Insurance Sector

Corporate Law : IRDAI has constituted a Working Group to develop governance, oversight, and security frameworks for AI adoption in the insurance s...

June 17, 2026 447 Views 0 comment Print

IRDAI Revises Obligatory Cession Rules to Mandate 4% Reinsurance with GIC Re

Corporate Law : IRDAI has amended its earlier notification to prescribe a 4% obligatory cession and require the entire cession to be placed with G...

June 15, 2026 156 Views 0 comment Print

IRDAI Cautions Public Against Dealing with Stareureka Insurance Company

Corporate Law : IRDAI has cautioned that the entity's Certificate of Registration as an Insurance Marketing Firm has expired and remains unrenewed...

June 12, 2026 420 Views 0 comment Print

IRDAI Fines Nissan Renault ₹1 Crore Over Distribution Fee Disclosure Lapses

Corporate Law : The regulator held that agreements lacking clear fee provisions undermined contractual clarity and regulatory compliance. A penalt...

May 27, 2026 1053 Views 0 comment Print


Insurance Ombudsman (Amendment) Rules, 2023

November 9, 2023 3327 Views 0 comment Print

Explore the latest amendments to the Insurance Ombudsman Rules, 2017 by the Ministry of Finance. Changes in financial services institutions, resignation protocols, awards, and more.

Guidelines for Insurance Sector’s Participation in Account Aggregator Framework

November 3, 2023 1080 Views 0 comment Print

Get insights into IRDAI’s latest circular on insurance sector’s participation in Account Aggregator framework. Understand guidelines, regulations, and compliance details

RDAI Circular: Revised Customer Information Sheet

October 30, 2023 2100 Views 0 comment Print

Read the key details of IRDAI Circular No. Ref: IRDAI/HLT/CIR/MISC/190/10/2023, discussing the revision of Customer Information Sheet for policyholders

IRDAI Amends Arbitration Clause in General Insurance Policies

October 27, 2023 1800 Views 0 comment Print

The Insurance Regulatory and Development Authority of India (IRDAI) amends arbitration clauses in general insurance policies for better grievance resolution

IRDAI Urges Fast-Track Settlement of Sikkim Flood Claims

October 18, 2023 429 Views 0 comment Print

Read IRDAI’s advice to insurers for swift Sikkim flood claim settlements. Measures include helplines, claims desks, and immediate service response. Details here.

IRDAI Mandates IMT-29 Coverage in Private Car Policies

October 18, 2023 6246 Views 0 comment Print

Read about IRDAI’s new directive making IMT-29 coverage compulsory for employees in private car policies, ensuring better protection for accident victims.

IRDAI’s Amendment to AML/CFT Guidelines 2022 – Key Changes

October 10, 2023 2115 Views 0 comment Print

IRDAI issues a circular amending 2022 Anti-Money Laundering/Counter Financing of Terrorism (AML/CFT) guidelines. Learn about key changes here.

Amendment to Procedure for WMD Act Section 12A: IRDAI Update

October 9, 2023 1278 Views 0 comment Print

IRDAI amends Section 12A of Weapons of Mass Destruction Act, affecting life, health, and general insurers. Get insights into changes and their implications.

IRDAI’s Modification: Allowing Reverse Factoring in Trade Credit Insurance

October 9, 2023 1185 Views 0 comment Print

IRDAI introduces a modification to Trade Credit Insurance Guidelines, enabling reverse factoring transactions on TReDS platforms, aiding financiers and insurance companies.

IRDAI Issues Bima Vahak Guidelines 2023 for Women-Centric Insurance Distribution

October 9, 2023 1053 Views 0 comment Print

IRDAI introduces the Bima Vahak Guidelines 2023 to establish a dedicated women-centric distribution channel, enhancing insurance accessibility and availability across India.

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