Corporate Law : As per requirement of Ministry of Corporate Affairs, to use the word Insurance, prior no-objection certificate shall be obtained f...
Corporate Law : IRDA modifies definition of Critical Illnesses for Health Insurance Products. Stay updated with the latest changes in the guidelin...
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 ...
Corporate Law : Understanding IRDAI (Investment) (Fifth Amendment) Regulations, 2013 and their impact on insurance companies in India....
Corporate Law : IRDAI (Surety Insurance Contracts) Guidelines, 2022 shall be applicable to all Insurers registered under the Insurance Act, 1938, ...
Corporate Law : Explore IRDAIs consolidated Master Circular on Submission of Returns effective April 2024. Simplify compliance with 202 regulatory...
Corporate Law : Discover how IRDAI's recent regulatory overhaul aims to foster innovation, competition, and sustainable growth while protecting po...
Corporate Law : Learn about the draft IRDAI (Protection of Policyholders' Interests & Allied Matters of Insurers) regulations 2024, including prov...
Corporate Law : Explore the key provisions & implications of IRDAIs proposed regulations on rural, social sector & motor third party obligations. ...
Corporate Law : Explore the proposed IRDAI Regulations 2024, consolidating key insurance rules. Learn about changes, clarity on capital structure,...
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 : IRDAI issues a penalty of Rs. 37 lakhs to Prowess Insurance Brokers for regulatory violations. Read the full order details and imp...
Corporate Law : Explore IRDAI's final order on Aegon Life Insurance (now Bandhan Life) regarding violations of AML and policyholder protection reg...
Corporate Law : IRDAI introduces new insurance reforms focusing on policyholder empowerment, grievance redressal, and transparency in operations. ...
Corporate Law : Read about the latest reforms in the Indian life insurance sector by IRDAI, aimed at simplification, transparency, and informed de...
Corporate Law : Explore IRDAI's comprehensive reforms in the general insurance business post de-tariffication, focusing on customer-centric measur...
IRDAI issues a public notice cautioning the general public about an unregistered entity named Bhartiya Cooperative General Insurance Limited. The notice warns against undertaking insurance transactions with this entity and advises the public to be cautious. Stay informed and protect yourself from fraudulent activities.
IRDAI has issued a circular outlining monitoring requirements for insurers’ investments in Alternative Investment Funds (AIF). Insurers are required to adhere to certain guidelines including quarterly declaration of AIF Net Asset Values (NAVs), approval for rollovers, and submission of quarterly returns.
IRDAI has issued a circular directing all life insurers to comply with Surrogacy Act, 2021, and ART Act, 2021. Circular emphasizes the need for suitable insurance products that provide coverage for medical expenses and specified loss or damage incurred during the processes of surrogacy and oocyte retrieval.
IRDAI has issued a circular, expanding the scope of Use and File procedure for life insurance products. This article provides an analysis of the modifications made in the circular and their implications for the insurance industry.
Stay updated with IRDAI’s latest regulatory overhaul as they repeal various redundant circulars to enhance clarity and reduce compliance complexity for insurance intermediaries and insurers
Understand latest directive from IRDAI regarding prompt and accurate reporting of cyber security incidents by regulated entities in insurance sector.
NaBFID is regulated by RBI as an All India Financial Institution and its role in developing bonds and derivatives markets for infrastructure financing.
IRDAI has issued an order on June 2, 2023, to transfer the life insurance business of Sahara India Life Insurance Co. Ltd. (SILIC) to SBI Life Insurance Co. Ltd. This decision was made due to concerns regarding SILIC’s governance system and its impact on policyholders and the insurance sector. SILIC had been non-compliant with previous […]
Insurer is cautioned to exercise care and diligence in releasing advertisements and not to quote features/benefits that are applicable under extreme/exceptional scenarios. Insurer is further directed to strictly comply in letter and spirit with the relevant IRDAI (Insurance Advertisements and Disclosure) Regulations
IRDAI has announced the introduction of dedicated email addresses for applicants seeking No Objection Certificates (NOC), Certificates of Registration (CoR), or other related communications.
