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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 5538 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 1911 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 4530 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 3963 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 3354 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 669 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 747 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 1290 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 813 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 600 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 4263 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 21242 Views 1 comment Print


Latest Notifications


IRDAI Fines Bandhan Life Insurance ₹1 Crore for AML & Policyholder Protection Breaches

Corporate Law : Explore IRDAI's final order on Aegon Life Insurance (now Bandhan Life) regarding violations of AML and policyholder protection reg...

July 17, 2024 159 Views 0 comment Print

IRDAI Penalizes Prowess Insurance Brokers for regulatory violations

Corporate Law : IRDAI issues a penalty of Rs. 37 lakhs to Prowess Insurance Brokers for regulatory violations. Read the full order details and imp...

July 12, 2024 126 Views 0 comment Print

IRDAI Master Circular on Operations and Allied Matters of Insurers

Corporate Law : IRDAI introduces new insurance reforms focusing on policyholder empowerment, grievance redressal, and transparency in operations. ...

June 19, 2024 546 Views 0 comment Print

IRDAI Master Circular on Life Insurance Products

Corporate Law : Read about the latest reforms in the Indian life insurance sector by IRDAI, aimed at simplification, transparency, and informed de...

June 12, 2024 798 Views 0 comment Print

Master Circular: Reforms in General Insurance Business

Corporate Law : Explore IRDAI's comprehensive reforms in the general insurance business post de-tariffication, focusing on customer-centric measur...

June 6, 2024 711 Views 0 comment Print


IRDAI Amends Investments Master Circular

August 3, 2022 1116 Views 0 comment Print

IRDAI received few representations from insurance companies to relax/amend certain provisions of Investment — Master Circular / Circulars and criteria for classification of investment in equity shares as approved investment.

Exposure Draft – IRDAI (Expenses of Management of Insurers Transacting Life Insurance Business) Regulations, 2022

August 3, 2022 1665 Views 0 comment Print

EXPOSURE DRAFT – INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (EXPENSES OF MANAGEMENT OF INSURERS TRANSACTING LIFE INSURANCE BUSINESS) REGULATIONS, 2022

Exposure Draft – IRDAI (Other Forms of Capital) Regulations, 2022

August 3, 2022 873 Views 0 comment Print

Insurance Regulatory and Development Authority of India Ref. No: Date: _________ EXPOSURE DRAFT – INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (OTHER FORMS OF CAPITAL) REGULATIONS, 2022 1. The Authority is in receipt of requests to review the Regulations from the stakeholders. Therefore, the current regulations on issuance of Other Forms of Capital (OFC) by […]

IRDAI Master Guidelines on Anti-Money Laundering/ (AML/CFT), 2022

August 1, 2022 4677 Views 0 comment Print

Insurers shall take steps to implement provisions of PML Act and the PML Rules, as amended from time to time, including operational instructions issued in pursuance of such amendment(s).

Draft IRDAI (Expenses of Management of Insurers Transacting General or Health Insurance Business) Regulations, 2022

August 1, 2022 903 Views 0 comment Print

Exposure Draft Insurance Regulatory And Development Authority Of India (Expenses Of Management Of Insurers Transacting General Or Health Insurance Business) Regulations, 2022

Working Group on Accounting of Premium, Claims & Related Expenses

July 21, 2022 285 Views 0 comment Print

IRDAI Working Group on Accounting of Premium, Claims and Related Expenses on Estimation Basis and Repatriation of Surplus by FRBs.

Insurers empowered to empanel network providers that meet standards & benchmarks criteria

July 20, 2022 153 Views 0 comment Print

Insurance Regulatory and Development Authority of India Circular Ref. No: IRDAI/HLT/CIR/MISC/150/7/2022 | Date: 20th July, 2022 To All Insurance Companies and Third Party Administrators (except ECGC, AIC) Sub: Standards and Benchmarks for the Hospitals in the Provider Network 1. Reference is invited to IRDAI Circular ref: IRDAI/HLT/REG/MISC/199/07/2021 dated 23rdJuly, 2021 on the captioned subject with respect to the […]

IRDAI repeal 34 Circulars

July 15, 2022 864 Views 0 comment Print

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Ref No: IRDAI/Life/CIR/MISC/147/7/2022 Date: 15thJuly,2022   To All Life Insurers Re: Repealing of circulars 1. In order to rationalize the circulars issued by the Authority, various circulars applicable to Life insurers are reviewed. The list of circulars attached to this circular as ‘Annexure – A’ stands repealed. 2. […]

Use and File Procedure for Retail Products for Agriculture & Allied Activities

July 14, 2022 249 Views 0 comment Print

hereby permits the general insurers to file Retail products for Agriculture & allied activities under the Use and File procedure.

IRDAI Constitutes Task force to study issues faced by Life Insurers & Reinsurers

July 7, 2022 351 Views 0 comment Print

To examine the matter in detail and to sort out the issues between Life Insurers and Reinsurers, it is decided to constitute a Task Force with the following participants:

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