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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 813 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 954 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 2760 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 29739 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 5691 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 765 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 768 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 1323 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 849 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 648 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 3633 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 4293 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 21347 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 13208 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 831 Views 0 comment Print


Latest Notifications


IRDAI Updates KYC Rules for Insurers as per PMLA guidelines

Corporate Law : IRDAI circular on 12th August 2024 updates KYC requirements for insurers, reflecting amendments in the Prevention of Money-Launder...

August 12, 2024 114 Views 0 comment Print

IRDAI Directs Life Insurers to Submit Data to IIBI by 30th September 2024

Corporate Law : IRDAI mandates life insurers to submit data for specified categories to IIBI by 30 Sep 2024. Annual submissions to continue from F...

August 8, 2024 186 Views 0 comment Print

IRDAI Imposes Rs. 2 Crore Penalty on HDFC Life Insurance

Corporate Law : Explore IRDAI's order on HDFC Life Insurance Co. Ltd., addressing violations, regulatory issues, and the insurer's submissions. De...

August 4, 2024 19041 Views 1 comment Print

IRDAI’s New Guidelines for Wayanad Landslide Insurance Claims

Corporate Law : IRDAI directs insurers to expedite claims for Wayanad landslides, with specific guidelines for response, claim processing, and com...

August 2, 2024 198 Views 0 comment Print

IRDAI imposes penalty on Care Health Insurance for ESOP Violation

Corporate Law : Explore IRDAI's order against Care Health Insurance Ltd. for ESOP violations. Detailed analysis of legal implications, penalties i...

July 23, 2024 186 Views 0 comment Print


Circular on filing of Products/Riders for Life Insurance Business

October 4, 2022 1221 Views 0 comment Print

In order to facilitate the life insurance industry to respond faster to the emerging market needs, in terms of designing and pricing of insurance products and to promote ease of doing business, certain specified modifications were allowed to be carried out through Use & File process

Exposure Draft – IRDAI (Issuance of e-Insurance Policies) Regulations, 2022

September 29, 2022 1017 Views 0 comment Print

Exposure Draft – Insurance Regulatory and Development Authority of India (Issuance of e-Insurance Policies) Regulations, 2022- To promote efficiency in conduct of insurance business and provide for appropriate framework for electronic mode of solicitation and servicing of insurance policies

IRDAI directs ‘Rothshield TPA’ to remove word ‘Insurance TPA’ from its name

September 28, 2022 507 Views 0 comment Print

Rothshield TPA is directed to remove the word Insurance TPA from name of its Company. In terms of Reg. 18 of TPA Regulations, 2016, all insurers who were having TPA agreement with Rothshield TPA earlier, if any, shall immediately take such alternative steps including appointment of another TPA, if any, as may be necessary to continue to cater to the policy holders served by Rothshield TPA.

Incorporation of Insurance Broking Company

September 22, 2022 5691 Views 1 comment Print

As per requirement of Ministry of Corporate Affairs, to use the word Insurance, prior no-objection certificate shall be obtained from IRDAI.

Exit Form submitted by NPS retiree must be considered as proposal form: IRDAI

September 13, 2022 654 Views 0 comment Print

The Exit Form submitted by NPS retiree must be considered as the proposal form, for offering the immediate annuity product by the insurance companies.

IRDAI Clarification on Appointment or Continuation of Common Director

September 13, 2022 1194 Views 0 comment Print

Directors appointed under section 48A of the Insurance Act, 1938 after obtaining due approval of the Authority may continue to hold the directorship till completion of tenure of appointment.

Revision of Health Insurance Regulatory Returns

September 13, 2022 855 Views 0 comment Print

i. All yearly returns shall be furnished within 90 days from the close of the reporting financial year. ii. All quarterly returns shall be furnished within five days from the close of the reporting quarter.

Reconstitution of Committee to Review IRDAI’s Information & Security Guidelines

September 6, 2022 702 Views 0 comment Print

IRDAI Reconstitutes  Committee to Review IRDAI’s Information & Security Guidelines vide Order No. IRDAI/GA & HR/ORD/MISC/186/09/2022 | Date: 06th Sep, 2022 INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Order No. IRDAI/GA & HR/ORD/MISC/186/09/2022 | Date: 06th Sep, 2022 RECONSTITUTION OF COMMITTEE TO REVIEW IRDAI’S INFORMATION & SECURITY GUIDELINES Reference is drawn to IRDAI’s order ref: IRDA/IT/ORD/MISC/034/02/2021 dated […]

IRDAI extends Guidelines on Information & Cyber Security to all Insurance Intermediaries

September 2, 2022 3600 Views 0 comment Print

It has been decided by the IRDAI to extend the applicability of Guidelines on Information and Cyber Security to all Insurance Intermediaries with immediate effect.

Appointment or Continuation of Common Director(s) u/s 48A of Insurance Act, 1938

September 2, 2022 1098 Views 0 comment Print

Applications are filed with the Authority seeking approval under section 48A of the Insurance Act, 1938, for new appointment or continuation of common director(s) representing insurance agent, intermediary or insurance intermediary on the board of insurance company.

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