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 approved in-principle drafting and publication of new and amended regulations following the Sabka Bima, Sabki Raksha (Amendm...
Corporate Law : IRDAI approved drafting regulations for implementing a Risk Based Capital framework to strengthen solvency assessment and align In...
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...
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 regulator held that agreements lacking clear fee provisions undermined contractual clarity and regulatory compliance. A penalt...
Corporate Law : IRDAI has directed insurers to disclose performance-linked remuneration details of Key Management Persons on their websites. The c...
Corporate Law : The case involved a broker implementing substantial shareholding changes without obtaining IRDAI's prior approval as required by r...
Corporate Law : The Authority found that core survey functions were carried out by unlicensed personnel. It held that such outsourcing violated re...
Corporate Law : The regulator cancelled a surveyor’s licence after finding false records, mismatched filings, and inaccurate disclosures. The ru...
The regulation introduces mandatory adoption of Ind AS for insurers, setting standardized formats, disclosures, and governance norms to ensure transparency and accuracy in financial reporting.
IRDAI launched five working groups to resolve operational inefficiencies between insurers and hospitals. The move aims to boost transparency, coordination, and patient-centric reforms across the ecosystem.
The insurance regulator clarified that certificates of registration for intermediaries will now remain valid indefinitely. The change eliminates the earlier three-year renewal framework, subject to payment of an annual fee.
IRDAI held discussions with US-based financial services stakeholders to explore opportunities in India’s insurance market and share recent regulatory reforms.
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 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 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 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.
