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 : Understanding the framework for export of goods and services in India, covering roles of DGFT, RBI, banks, and exporters under FEM...
CA, CS, CMA : The insurance regulator has called for EOIs from eligible CA and Cost Accountant firms for GST compliance review and audit work, o...
Corporate Law : IRDAI warns against the fraudulent website policyholdergov.org that is illegally collecting payments and data; public advised to u...
Corporate Law : IRDAI releases a draft proposing an Internal Insurance Ombudsman for insurers. This aims to enhance grievance redressal for claims...
Corporate Law : IRDAI approves QIS 2 guidance, R1 license, and FY26-FY27 obligations in its 132nd meeting held on 14 July 2025; regulatory updates...
Corporate Law : IRDAI issues guidelines to insurers for fast-tracking claims following the Air India Flight 171 crash in Ahmedabad. Waiving formal...
Company Law : Vinay Jaidka Vs Chief Secretary (Delhi High Court) Abhishek Nanda, ld. Counsel who appears for the Insurance Regulatory and Develo...
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...
Income Tax : Having regard to the agreement entered into inter se between the hospital and the TPA for payment of money to the hospital, it can...
Income Tax : Srivatsan Surveyors Pvt. Ltd. ('Appellant') is engaged in the business of licensed surveyors and loss assessors under the Insuranc...
Corporate Law : IRDAIs consultation paper proposes a new regulatory framework requiring insurers to adopt Ind AS. The initiative is designed to mo...
Corporate Law : IRDAI has issued key clarifications allowing insurers to invest in AIFs using SEBI-compliant Excusal Rights, provided funds are no...
Corporate Law : IRDAI Circular dated 12 February 2026 clarifies insurers’ investments in AIFs with Excusal Rights under Section 27E of the Insur...
Corporate Law : IRDAI has issued updated guidelines for establishing and closing liaison offices in India by overseas insurers. The framework sets...
Corporate Law : The regulator held that cumulative shareholding changes crossing prescribed limits require prior approval. A warning was issued fo...
IRDAIs consultation paper proposes a new regulatory framework requiring insurers to adopt Ind AS. The initiative is designed to modernize financial disclosures and ensure globally aligned reporting standards.
IRDAI has issued key clarifications allowing insurers to invest in AIFs using SEBI-compliant Excusal Rights, provided funds are not deployed overseas. The circular introduces strict documentation, audit, and certification safeguards under Section 27E.
IRDAI Circular dated 12 February 2026 clarifies insurers’ investments in AIFs with Excusal Rights under Section 27E of the Insurance Act, 1938. The circular introduces compliance conditions, documentation requirements, auditor certifications, and revised single AIF exposure limits covering direct and indirect exposure through Fund of Funds.
IRDAI has issued updated guidelines for establishing and closing liaison offices in India by overseas insurers. The framework sets eligibility, reporting, and strict operational conditions.
The regulator held that cumulative shareholding changes crossing prescribed limits require prior approval. A warning was issued for non-compliance despite the lapse being termed unintentional.
The order appoints a new chairman and members drawn from senior insurance and regulatory backgrounds. The key takeaway is continuity and strengthened advisory oversight.
The insurance regulator has called for EOIs from eligible CA and Cost Accountant firms for GST compliance review and audit work, outlining strict eligibility and selection criteria.
Insurers must shift all service and transactional calls to the 1600-series by 15 February 2026. Calls from any other numbers thereafter will invite UCC action and regulatory consequences.
The amended rules replace outdated FEMA references and redefine foreign investment as FDI under the Non-debt Instruments Rules, 2019. This ensures regulatory consistency and clarity for foreign investors in Indian insurance companies.
The regulator held that payouts labelled as awareness and marketing were actually unauthorised commissions. Insurers must ensure transparency, approvals, and proper classification of such expenses.
