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Bima Vahak: A New Women Centric Insurance Distribution Approach

Corporate Law : IRDAI's Bima Vahak initiative aims to expand insurance reach in rural areas. It introduces a women-centric distribution channel fo...

July 29, 2025 1491 Views 0 comment Print

IRDAI’s 2024 Corporate Governance Rules for Insurers

Corporate Law : Overview of IRDAI's 2024 Corporate Governance Regulations for Insurers, covering board composition, committee structures, KMP appo...

July 25, 2025 3402 Views 0 comment Print

BIMA Applications Supported By Blocked Amount (BIMA – ASBA)

Corporate Law : Learn about Bima-ASBA, IRDAI's new facility for insurance premium payments. This mechanism blocks funds in a prospect's account vi...

July 25, 2025 1236 Views 0 comment Print

IRDAI (PPHI, Operations & Allied Matters of Insurers) Regulations, 2024 (Advertising)

Corporate Law : Summarizing IRDAI's 2024 regulations on insurance advertising, this text covers definitions, mandatory disclosures, prohibitions, ...

July 25, 2025 3627 Views 0 comment Print

Insurance Marketing Firm Registration for Pvt Ltd Companies: Process & Benefits

Corporate Law : Learn about IMF Registration for private limited companies, its process, requirements, and benefits. Expand into insurance marketi...

March 4, 2025 3468 Views 0 comment Print


Latest News


IRDAI Approves Ind AS Implementation as Insurance Sector Transitions to Global Accounting Standards

Corporate Law : IRDAI approved implementation of Ind AS for all insurers from 1 April 2026 with transitional arrangements and limited forbearance....

July 1, 2026 309 Views 0 comment Print

IRDAI Plans Dedicated Policyholder Protection Fund to Enhance Insurance Inclusion

Corporate Law : The proposed PEPF framework seeks to improve insurance penetration through financial literacy, digital services, and awareness pro...

June 24, 2026 381 Views 0 comment Print

IRDAI Proposes Insurance Intermediary Reforms to Align with SBSR Act 2025

Corporate Law : IRDAI has proposed comprehensive amendments to insurance intermediary regulations to implement the SBSR Act, 2025. The proposals s...

June 22, 2026 810 Views 0 comment Print

IRDAI Proposes Major Actuarial Rule Changes to Align with Insurance Law Amendments

Corporate Law : IRDAI's draft 2026 amendments overhaul actuarial governance, reporting, investment norms, and insurer compliance to align with the...

June 20, 2026 549 Views 0 comment Print

IRDAI Invites Comments on Reinsurance Regulation Changes to Simplify Registration

Corporate Law : IRDAI has released draft amendments simplifying the registration framework for foreign reinsurers and Lloyd's India while introduc...

June 20, 2026 324 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 4881 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 22973 Views 1 comment Print


Latest Notifications


IRDAI Extends Transitional Arrangements Until 31st August 2026

Corporate Law : IRDAI has extended transitional arrangements for annual fee payment and registration certificates until 31 August 2026 or notifica...

July 3, 2026 414 Views 0 comment Print

IRDAI Forms AI Working Group to Strengthen Governance in Insurance Sector

Corporate Law : IRDAI has constituted a Working Group to develop governance, oversight, and security frameworks for AI adoption in the insurance s...

June 17, 2026 447 Views 0 comment Print

IRDAI Revises Obligatory Cession Rules to Mandate 4% Reinsurance with GIC Re

Corporate Law : IRDAI has amended its earlier notification to prescribe a 4% obligatory cession and require the entire cession to be placed with G...

June 15, 2026 156 Views 0 comment Print

IRDAI Cautions Public Against Dealing with Stareureka Insurance Company

Corporate Law : IRDAI has cautioned that the entity's Certificate of Registration as an Insurance Marketing Firm has expired and remains unrenewed...

June 12, 2026 420 Views 0 comment Print

IRDAI Fines Nissan Renault ₹1 Crore Over Distribution Fee Disclosure Lapses

Corporate Law : The regulator held that agreements lacking clear fee provisions undermined contractual clarity and regulatory compliance. A penalt...

May 27, 2026 1050 Views 0 comment Print


IRDAI Releases 2nd List of Surveyor Exam Trainees

July 8, 2025 1089 Views 0 comment Print

IRDAI issues second list of eligible trainee surveyors for the September 2025 pre-licensing exam. Discrepancy emails accepted until 10 July 2025.

IRDAI Penalizes Edelweiss Life for Compliance Lapses

June 23, 2025 1710 Views 0 comment Print

IRDAI imposes a Rs. 1 crore penalty on Edelweiss Life Insurance for corporate governance and outsourcing regulation violations after an inspection.

IRDAI Directs Insurers on Air India Crash Claims

June 16, 2025 1029 Views 0 comment Print

IRDAI issues guidelines to insurers for fast-tracking claims following the Air India Flight 171 crash in Ahmedabad. Waiving formalities, quick settlements for victims.

Acko General Insurance Penalized by IRDAI for Regulatory Breaches

May 19, 2025 1887 Views 0 comment Print

IRDAI imposes a Rs 1 Crore penalty on Acko General Insurance for violating outsourcing and commission regulations with Ola Financial Services.

IRDAI Rules for RRB Amalgamation & Insurance

May 9, 2025 1419 Views 0 comment Print

IRDAI circular on corporate agency rules for amalgamated RRBs. Covers COR surrender, agreement harmonisation, SP transfer, and commission eligibility post-merger.

IRDAI Warns Heritage TPA for Claim Handling Issues

April 9, 2025 1320 Views 0 comment Print

IRDAI warns Heritage Health Insurance TPA for closing claims and issuing repudiations directly, violating regulations. Action report due in 90 days.

IRDAI Issues Warning to Heritage Health TPA Pvt. Ltd.

April 9, 2025 4092 Views 4 comments Print

IRDAI warns Heritage Health TPA for non-compliance in claims handling. Advisory issued to follow regulations in health insurance claim settlements.

IRDAI Penalizes Flipkart for Regulatory Violations

April 7, 2025 1215 Views 0 comment Print

IRDAI fines Flipkart ₹1.06 crore for insurance regulation breaches, including ISNP misuse and operating without valid registration.

IRDAI Cyber Incident Preparedness Guidelines for Regulated Entities

March 24, 2025 2604 Views 0 comment Print

IRDAI mandates strict adherence to cyber security guidelines, including incident reporting, forensic audits, and compliance measures for regulated entities.

IRDAI Appoints New Members to Insurance Advisory Committee

March 13, 2025 858 Views 0 comment Print

IRDAI reconstitutes its Insurance Advisory Committee, appointing five new members. The notification takes effect from its publication in the official gazette.

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