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Latest Articles


Insurers and TPAs as Data Fiduciaries: Challenges and Solutions

Corporate Law : Explore the complexities faced by insurers and TPAs as data fiduciaries, navigating regulatory landscapes. Learn strategies and im...

May 13, 2024 738 Views 0 comment Print

Insurtech Revolution in India: Challenges, Regulatory Gaps & Future Trends

Corporate Law : Explore the impact of Insurtech on India's insurance sector, regulatory challenges, and the potential of technology-driven innovat...

January 12, 2024 900 Views 0 comment Print

IRDAI and Companies Act 2013: Insurance Companies’ Final Accounts

Corporate Law : Explore financial statements and accounting standards for insurance companies as per IRDAI regulations and Companies Act 2013. Lea...

October 8, 2023 2541 Views 0 comment Print

Insurance Claim Delays & Policy Holders’ Rights | IRDAI Regulations

Corporate Law : Learn about insurance claim delays faced by policyholders and their rights as per IRDAI Regulations. Understand the claims procedu...

August 8, 2023 29556 Views 0 comment Print

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 5526 Views 1 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 669 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 747 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 1287 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 807 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 594 Views 0 comment Print


Latest Judiciary


Approve Insurance claim of COVID-19 patients in 30 to 60 Minutes: HC

Company Law : Vinay Jaidka Vs Chief Secretary (Delhi High Court) Abhishek Nanda, ld. Counsel who appears for the Insurance Regulatory and Develo...

April 28, 2021 3624 Views 2 comments Print

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 4260 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 21239 Views 1 comment Print

Applicability of TDS in case of Third Party Administrator (TPA) providing health insurance claim services

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...

August 13, 2009 13136 Views 0 comment Print

Payment for non-compete right is not an intangible asset eligible for depreciation

Income Tax : Srivatsan Surveyors Pvt. Ltd. ('Appellant') is engaged in the business of licensed surveyors and loss assessors under the Insuranc...

December 12, 2008 819 Views 0 comment Print


Latest Notifications


IRDAI Penalizes Prowess Insurance Brokers for regulatory violations

Corporate Law : IRDAI issues a penalty of Rs. 37 lakhs to Prowess Insurance Brokers for regulatory violations. Read the full order details and imp...

July 17, 2024 51 Views 0 comment Print

IRDAI Fines Bandhan Life Insurance ₹1 Crore for AML & Policyholder Protection Breaches

Corporate Law : Explore IRDAI's final order on Aegon Life Insurance (now Bandhan Life) regarding violations of AML and policyholder protection reg...

July 17, 2024 63 Views 0 comment Print

IRDAI Master Circular on Operations and Allied Matters of Insurers

Corporate Law : IRDAI introduces new insurance reforms focusing on policyholder empowerment, grievance redressal, and transparency in operations. ...

June 19, 2024 522 Views 0 comment Print

IRDAI Master Circular on Life Insurance Products

Corporate Law : Read about the latest reforms in the Indian life insurance sector by IRDAI, aimed at simplification, transparency, and informed de...

June 12, 2024 783 Views 0 comment Print

Master Circular: Reforms in General Insurance Business

Corporate Law : Explore IRDAI's comprehensive reforms in the general insurance business post de-tariffication, focusing on customer-centric measur...

June 6, 2024 696 Views 0 comment Print


Order on Procedure for implementation of Section 12A of WMD Act, 2005

April 19, 2023 912 Views 0 comment Print

Procedure for Implementation of Section 12A of Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005 (WMD Act)

IRDAI clarifies on Expenses of Management of Life Insurance business

April 5, 2023 726 Views 0 comment Print

Circular No. IRDAUF&I/CIR/E0M/84/4/2023 Date: 05th April 2023 IRDAI (Expenses of Management of insurers transacting Life Insurance business) Regulations 2023 – Clarifications.

Payment of Distribution Fees to Motor Insurance Service Provider

March 31, 2023 1254 Views 0 comment Print

Payment of Distribution Fees to Motor Insurance Service Provider -Distribution fees payable to MISP shall be as per IRDAI approved policy for payment of commission of insurer.

Guidance note – Board policy of insurer on the commission structure

March 31, 2023 1005 Views 0 comment Print

The board policy shall clearly state the objectives and principles that underpin the commission structure. This shall include promoting fair and transparent competition among intermediaries, aligning incentives with customer needs, and encouraging efficient and cost-effective distribution.

IRDAI Circular on Use and File Procedure for Products

March 31, 2023 1749 Views 0 comment Print

IRDAI may call for documents in respect of a few products identified on monthly basis from amongst all the life insurers, general insurers and health insurers for examination

IRDAI Guidelines on Operational Issues pertaining to Regulatory Sandbox

March 31, 2023 711 Views 0 comment Print

An applicant desiring to promote or implement any innovation in insurance in India shall make an application to IRDAI in Form-RG-1 in any one or more of the categories given in Regulation 4 of IRDAI (Regulatory Sandbox) Regulations, 2019.

Procedure for implementation of innovation in insurance programme through Regulatory Sandbox

March 31, 2023 375 Views 0 comment Print

An applicant desiring to promote or implement any innovation in insurance in India shall make an application to IRDAI in Form-RG-1 in any one or more of the categories given in Regulation 4 of IRDAI (Regulatory Sandbox) Regulations, 2019.

IRDAI (Payment of Commission) Regulations, 2023

March 26, 2023 11814 Views 0 comment Print

These Regulations shall be called the Insurance Regulatory and Development Authority of India (Payment of Commission) Regulations, 2023.

IRDAI (Expenses of Management of Insurers transacting life insurance business) Regulations, 2023

March 26, 2023 3948 Views 0 comment Print

Insurance Regulatory and Development Authority of India (Expenses of Management of Insurers transacting General or Health Insurance business) Regulations, 2023

IRDAI (Expenses of Management of Insurers transacting General or Health Insurance business) Regulations, 2023

March 26, 2023 3627 Views 0 comment Print

Insurance Regulatory and Development Authority of India (Expenses of Management of Insurers transacting General or Health Insurance business) Regulations, 2023

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