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...
Corporate Law : IRDAI formed a sub-committee to review private health insurance and improve policyholder experience. The initiative focuses on exp...
Corporate Law : The issue concerns identification of systemically important insurers. The regulator retained the same entities, emphasizing their ...
Corporate Law : IRDAI directs insurers to follow anti-dark pattern guidelines and submit compliance reports. The move strengthens consumer protect...
Corporate Law : IRDAI is moving towards adopting Ind AS to standardize financial reporting across insurers. The framework aims to improve transpar...
Corporate Law : Stakeholders sought deferment or phased implementation of Ind AS. IRDAI mandated adoption from April 2026 with limited forbearance...
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 : The notification addressed mandatory reinsurance cession for general insurance policies. It mandates 4% cession to GIC Re, ensurin...
Corporate Law : The issue was the need to address increasing cyber risks in the insurance sector. IRDAI introduced updated guidelines with enhance...
Corporate Law : The circular shifts SLAs from a renewal-based licensing system to a registration regime with annual fees. This ensures continuity ...
Corporate Law : IRDAI constituted a Joint Expert Group to tackle transition and implementation issues under Ind AS. The group will guide insurers ...
Corporate Law : The IRDAI issued a circular providing clarifications on the implementation of Indian Accounting Standards (Ind AS) by insurers eff...
Explore the latest IRDA circular allowing insurers to invest in Infrastructure Debt Funds-NBFCs, streamlining the process for enhanced infrastructure sector financing.
IRDAI’s Circular on Cyclone Michaung claims, granting special dispensation to General Insurers. Increased limits for surveyors and assessors.
EXPOSURE DRAFT IRDAI (Registration and Operations of Foreign Reinsurers Branches & Lloyd’s India) Regulations, 2024 1. To meet the objective of the Authority to promote ease of doing business, the Regulation Review Committee (RRC) was formed with an intent of streamlining various regulations issued by the Authority. 2. The RRC has recommended unification of regulations, […]
Discover IRDAI’s circular on insurance claims after Cyclone Michaung and floods in December 2023. Guidelines for insurers to expedite claims and assist affected policyholders
Explore the formation of a task force by IRDAI to analyze the implications of the Digital Personal Data Protection Act, 2023 on the insurance sector. Learn about key members and the expected impact
IRDAI’s Exposure Draft on Expenses of Management Regulations 2023, aiming to enhance insurers’ efficiency and optimize resources for policyholder benefits.
Explore the IRDAI order on Centcart Insurance Broking Services. Understand the violations, responses, and penalties imposed by the Insurance Regulatory Authority
Explore the latest amendments to the Insurance Ombudsman Rules, 2017 by the Ministry of Finance. Changes in financial services institutions, resignation protocols, awards, and more.
Get insights into IRDAI’s latest circular on insurance sector’s participation in Account Aggregator framework. Understand guidelines, regulations, and compliance details
Read the key details of IRDAI Circular No. Ref: IRDAI/HLT/CIR/MISC/190/10/2023, discussing the revision of Customer Information Sheet for policyholders
