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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 1134 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 2481 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 936 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 2919 Views 0 comment Print

151 FAQs on Export of Goods and Services under FEMA, 1999

Corporate Law : Understanding the framework for export of goods and services in India, covering roles of DGFT, RBI, banks, and exporters under FEM...

July 5, 2025 4371 Views 0 comment Print


Latest News


IRDAI Forms Health Insurance Panel Due to Gaps in Coverage & Claims Experience

Corporate Law : IRDAI formed a sub-committee to review private health insurance and improve policyholder experience. The initiative focuses on exp...

April 8, 2026 261 Views 1 comment Print

IRDAI releases FY 2025-26 List of Domestic Systemically Important Insurers (D-Slls)

Corporate Law : The issue concerns identification of systemically important insurers. The regulator retained the same entities, emphasizing their ...

April 3, 2026 7404 Views 0 comment Print

IRDAI Mandates Compliance with Dark Pattern Guidelines for Insurers

Corporate Law : IRDAI directs insurers to follow anti-dark pattern guidelines and submit compliance reports. The move strengthens consumer protect...

April 3, 2026 378 Views 0 comment Print

Adoption of Indian Accounting Standards w.e.f. 01.04.2026 for Insurers

Corporate Law : IRDAI is moving towards adopting Ind AS to standardize financial reporting across insurers. The framework aims to improve transpar...

April 1, 2026 285 Views 0 comment Print

IRDAI Confirmed Ind AS Implementation Despite Stakeholder Concerns

Corporate Law : Stakeholders sought deferment or phased implementation of Ind AS. IRDAI mandated adoption from April 2026 with limited forbearance...

March 31, 2026 222 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 3972 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 4764 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 22805 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 14246 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 1128 Views 0 comment Print


Latest Notifications


IRDAI Delegates Enforcement Powers Under Insurance Act: Key Changes Explained

Corporate Law : IRDAI delegates Section 34 powers between Whole Time Members and Chairperson. The move aims to streamline enforcement actions and ...

April 18, 2026 24 Views 0 comment Print

IRDAI Fixes 4% Obligatory Cession for FY 2026–27 to Strengthen Domestic Reinsurance

Corporate Law : The notification addressed mandatory reinsurance cession for general insurance policies. It mandates 4% cession to GIC Re, ensurin...

April 17, 2026 87 Views 0 comment Print

IRDAI Information and Cyber Security Guidelines, 2026

Corporate Law : The issue was the need to address increasing cyber risks in the insurance sector. IRDAI introduced updated guidelines with enhance...

April 9, 2026 1173 Views 0 comment Print

IRDA Introduced Annual Fee Requirement for SLAs Due to Section 42D Amendment

Corporate Law : The circular shifts SLAs from a renewal-based licensing system to a registration regime with annual fees. This ensures continuity ...

April 9, 2026 165 Views 0 comment Print

IRDAI Forms Joint Expert Group to Address Ind AS Implementation Challenges

Corporate Law : IRDAI constituted a Joint Expert Group to tackle transition and implementation issues under Ind AS. The group will guide insurers ...

April 3, 2026 144 Views 0 comment Print


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

April 19, 2023 1281 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 1086 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 1839 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 1704 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 3342 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 1038 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 651 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 15864 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 5136 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 4908 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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