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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 5691 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 1923 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 4590 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 4014 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 3390 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 765 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 768 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 1323 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 849 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 648 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 4293 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 21347 Views 1 comment Print


Latest Notifications


IRDAI Updates KYC Rules for Insurers as per PMLA guidelines

Corporate Law : IRDAI circular on 12th August 2024 updates KYC requirements for insurers, reflecting amendments in the Prevention of Money-Launder...

August 12, 2024 114 Views 0 comment Print

IRDAI Directs Life Insurers to Submit Data to IIBI by 30th September 2024

Corporate Law : IRDAI mandates life insurers to submit data for specified categories to IIBI by 30 Sep 2024. Annual submissions to continue from F...

August 8, 2024 186 Views 0 comment Print

IRDAI Imposes Rs. 2 Crore Penalty on HDFC Life Insurance

Corporate Law : Explore IRDAI's order on HDFC Life Insurance Co. Ltd., addressing violations, regulatory issues, and the insurer's submissions. De...

August 4, 2024 19041 Views 1 comment Print

IRDAI’s New Guidelines for Wayanad Landslide Insurance Claims

Corporate Law : IRDAI directs insurers to expedite claims for Wayanad landslides, with specific guidelines for response, claim processing, and com...

August 2, 2024 198 Views 0 comment Print

IRDAI imposes penalty on Care Health Insurance for ESOP Violation

Corporate Law : Explore IRDAI's order against Care Health Insurance Ltd. for ESOP violations. Detailed analysis of legal implications, penalties i...

July 23, 2024 186 Views 0 comment Print


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

October 9, 2023 408 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 633 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.

IRDAI Modifies Trade Credit Insurance Guidelines

October 9, 2023 870 Views 0 comment Print

IRDAI’s modification to Trade Credit Insurance Guidelines now allows ‘reverse factoring’ on TReDS platforms. Learn more about this important change.

IRDAI Forms Committee on Cyber Security

September 14, 2023 1035 Views 0 comment Print

IRDAI has established a standing committee to enhance cyber security in insurance industry, as per their Information and Cyber Security Guidelines.

IRDAI Circular: Modifications for Withdrawn Life Insurance Products

August 31, 2023 723 Views 0 comment Print

Read about IRDAI’s circular on modifications allowed for withdrawn life insurance products, ensuring additional options for policyholders while maintaining benefits.

IRDAI’s New Guidelines on Health Insurance Customer Information Sheet

August 30, 2023 1164 Views 1 comment Print

Explore revised guidelines by IRDAI on Health Insurance Customer Information Sheet. Learn about policy inclusions, exclusions, claims, and more.

IRDAI’s Guidelines on Flood Claims Handling in Himachal Pradesh 2023

August 24, 2023 663 Views 0 comment Print

Latest IRDAI circular on flood claims processing in Himachal Pradesh 2023. Insights on directives for quick response, digital processes, and regular updates to IRDAI.

IRDAI Insurance Advisory Committee Reconstitution: Members and Impact

August 22, 2023 2175 Views 0 comment Print

IRDAI hereby makes the following notification reconstituting the Insurance Advisory Committee which will be effective from 10th August, 2021

IRDAI (Re-insurance) (Amendment) Regulations, 2023

August 22, 2023 2625 Views 0 comment Print

Read about 2023 amendments to IRDAI Re-insurance regulations in India. Learn how these changes aim to enhance domestic capacity, encourage re-insurers, and improve ease of business.

IRDAI Circular: Indian Risk Based Capital Framework Guidelines

August 10, 2023 783 Views 0 comment Print

Stay informed about IRDAI’s latest circular on Indian Risk Based Capital Framework. Learn its impact, significance for insurers, and future developments.

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