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 in-principle drafting and publication of new and amended regulations following the Sabka Bima, Sabki Raksha (Amendm...
Corporate Law : IRDAI approved drafting regulations for implementing a Risk Based Capital framework to strengthen solvency assessment and align In...
Corporate Law : IRDAI formed a sub-committee to review private health insurance and improve policyholder experience. The initiative focuses on exp...
Corporate Law : The issue concerns identification of systemically important insurers. The regulator retained the same entities, emphasizing their ...
Corporate Law : IRDAI directs insurers to follow anti-dark pattern guidelines and submit compliance reports. The move strengthens consumer protect...
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 : The Authority found that core survey functions were carried out by unlicensed personnel. It held that such outsourcing violated re...
Corporate Law : The regulator cancelled a surveyor’s licence after finding false records, mismatched filings, and inaccurate disclosures. The ru...
Corporate Law : The case involved submission of a forged diploma for obtaining and renewing a licence. The Authority held that continued reliance ...
Corporate Law : IRDAI delegates Section 34 powers between Whole Time Members and Chairperson. The move aims to streamline enforcement actions and ...
Corporate Law : The notification addressed mandatory reinsurance cession for general insurance policies. It mandates 4% cession to GIC Re, ensurin...
IRDAI has issued a warning to Shriram Life Insurance for violations related to policyholder protection, free-look cancellations, and corporate governance norms.
IRDAI has refused to reduce or exempt insurance premiums for school buses during the Covid-19 lockdown, citing legal and contractual reasons.
IRDAI’s recent order declines a request to reduce or exempt insurance premiums for educational institution buses during the COVID-19 lockdown period.
The IRDAI has directed all insurers to conduct a second Quantitative Impact Study (QIS 2) to refine the Risk-Based Capital framework. Results are due by October 15, 2025.
IRDAI has issued a warning to Acko General Insurance for violating premium collection rules. The insurer failed to strictly comply with Section 64VB(1) of the Insurance Act, 1938.
IRDAI has amended rules for insurance repositories. The change allows more qualified auditors, including CISA and DISA professionals, to conduct the mandatory yearly system audit.
IRDAI’s Bima Vahak initiative aims to expand insurance reach in rural areas. It introduces a women-centric distribution channel for Bima Vistar, an affordable bundled policy.
IRDAI’s Master Circular for 2025-27 sets mandatory insurance coverage targets for rural, social, and motor third-party sectors for all Indian insurers.
Overview of IRDAI’s 2024 Corporate Governance Regulations for Insurers, covering board composition, committee structures, KMP appointments, compliance, and ethical frameworks for the insurance sector.
Learn about Bima-ASBA, IRDAI’s new facility for insurance premium payments. This mechanism blocks funds in a prospect’s account via UPI, debiting only upon policy acceptance, offering a secure and efficient process.
