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...
Summarizing IRDAI’s 2024 regulations on insurance advertising, this text covers definitions, mandatory disclosures, prohibitions, approval processes, and the roles of advertising and product management committees in ensuring fair and transparent practices.
IRDAI releases a draft proposing an Internal Insurance Ombudsman for insurers. This aims to enhance grievance redressal for claims up to Rs. 50 lakh and improve policyholder trust.
IRDAI clarifies that foreign reinsurer branches and Lloyd’s India must maintain all collected records, including electronic, within India as per new regulations.
IRDAI has published its third list of eligible trainee surveyors for the September 2025 pre-licensing exams. The notice outlines key dates for registration, slot booking, and exam schedule, advising trainees on membership and discrepancy reporting.
IRDAI issues second list of eligible trainee surveyors for the September 2025 pre-licensing exam. Discrepancy emails accepted until 10 July 2025.
IRDAI imposes a Rs. 1 crore penalty on Edelweiss Life Insurance for corporate governance and outsourcing regulation violations after an inspection.
IRDAI issues guidelines to insurers for fast-tracking claims following the Air India Flight 171 crash in Ahmedabad. Waiving formalities, quick settlements for victims.
IRDAI imposes a Rs 1 Crore penalty on Acko General Insurance for violating outsourcing and commission regulations with Ola Financial Services.
IRDAI circular on corporate agency rules for amalgamated RRBs. Covers COR surrender, agreement harmonisation, SP transfer, and commission eligibility post-merger.
IRDAI warns Heritage Health Insurance TPA for closing claims and issuing repudiations directly, violating regulations. Action report due in 90 days.
