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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 5526 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 4527 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 3960 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 1287 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 807 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 597 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 4260 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 21239 Views 1 comment Print


Latest Notifications


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 17, 2024 51 Views 0 comment Print

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 69 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 522 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 783 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 696 Views 0 comment Print


IRDAI Circular on Investments in Infrastructure Debt Funds-NBFC

January 5, 2024 414 Views 0 comment Print

Explore the latest IRDA circular allowing insurers to invest in Infrastructure Debt Funds-NBFCs, streamlining the process for enhanced infrastructure sector financing.

Insurance claims relating to Cyclone Michaung and subsequent heavy rains/floods

December 18, 2023 273 Views 0 comment Print

IRDAI’s Circular on Cyclone Michaung claims, granting special dispensation to General Insurers. Increased limits for surveyors and assessors.

Draft IRDAI Regulations 2024: Foreign Reinsurers Branches & Lloyd’s India

December 13, 2023 567 Views 0 comment Print

EXPOSURE DRAFT IRDAI (Registration and Operations of Foreign Reinsurers Branches & Lloyd’s India) Regulations, 2024 1. To meet the objective of the Authority to promote ease of doing business, the Regulation Review Committee (RRC) was formed with an intent of streamlining various regulations issued by the Authority. 2. The RRC has recommended unification of regulations, […]

Impact of Cyclone Michaung: IRDAI Guidelines for Insurance Claims

December 9, 2023 480 Views 0 comment Print

Discover IRDAI’s circular on insurance claims after Cyclone Michaung and floods in December 2023. Guidelines for insurers to expedite claims and assist affected policyholders

Impact of DPDP Act, 2023 on Insurance: IRDAI Forms Task Force

November 24, 2023 870 Views 0 comment Print

Explore the formation of a task force by IRDAI to analyze the implications of the Digital Personal Data Protection Act, 2023 on the insurance sector. Learn about key members and the expected impact

Draft IRDAI (Expenses of Management, Including Commission, of Insurers) Regulations, 2023

November 14, 2023 876 Views 0 comment Print

IRDAI’s Exposure Draft on Expenses of Management Regulations 2023, aiming to enhance insurers’ efficiency and optimize resources for policyholder benefits.

IRDAI penalised broker for Submission of Forged CA Certificate

November 10, 2023 537 Views 0 comment Print

Explore the IRDAI order on Centcart Insurance Broking Services. Understand the violations, responses, and penalties imposed by the Insurance Regulatory Authority

Insurance Ombudsman (Amendment) Rules, 2023

November 9, 2023 1794 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 492 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 615 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

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