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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 597 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 57 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 69 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 528 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


IRDA (Registration and Operations of Branch Offices of Foreign Reinsurers other than Lloyd’s) (Second Amendment) Regulations, 2016

December 2, 2016 1798 Views 0 comment Print

Insurance Regulatory and Development Authority of India (Registration and Operations of Branch Offices of Foreign Reinsurers other than Lloyd’s) (Second Amendment) Regulations, 2016

IRDA (Issuance of e-insurance policies) (First Amendment) Regulations, 2016

December 2, 2016 2395 Views 0 comment Print

These regulations may be called Insurance Regulatory and Development Authority of India (Issuance of e-insurance policies) (First Amendment) Regulations, 2016.

IRDA announces list of holidays for the calendar year 2017

November 21, 2016 2449 Views 0 comment Print

Under IRDA Staff (Officers and Employees) Regulations, 2016, following Holidays will be observed by all offices of IRDA during calendar year 2017

5 Considerations to Finalize a Family Health Insurance Plan

September 22, 2015 3236 Views 0 comment Print

A family is an anchor during rough waters. So, what are you doing to be the anchor? It’s quiet obvious that you are doing your best to offer a life of ease to your family; however, have you considered safeguarding your family’s health in case a situation of crisis comes up? If not, now is the time!

Surveyor Storm in Indian Car Insurance Industry

August 27, 2015 978 Views 1 comment Print

According to Carinsurance.in and other top sites covering Insurance market in India, there are over 2 crore claims coming every year in the Motor Insurance Industry. As per insurance norms, there needs to be a survey inspection for all claims above Rs. 20,000/- . The survey is done by Surveyors, who are paid by the insurers for conducting […]

Driving through water clogged areas, a common behaviour of Indian Motorists – ICICI Lombard survey

August 10, 2015 2042 Views 0 comment Print

car owners are ignorant of safe driving behaviour during the monsoon as well as applicability of insurance cover in case of damage to engine due to water ingression. Our endeavor through this survey is to address these gaps so that motor insurance customers are well informed and exhibit the right behavior when driving in the monsoon season.

Insurance Cover to Disabled Persons

April 24, 2015 580 Views 0 comment Print

The Government of India is implementing a scheme by name ‘NIRAMAYA’ through which the handicapped and mentally challenged persons are covered for medical treatment upto Rs. 1 lakh. Aam Admi Bima Yojana (AABY) is also a Government Social Security Scheme being administered through Life Insurance Corporation of India (LIC)

Major Highlights of Insurance Laws (Amendment) Bill, 2015

March 13, 2015 1996 Views 0 comment Print

Major Highlights of the Insurance Laws (Amendment) Bill, 2015 Passed by Parliament; Provides for Enhancement of the Foreign Investment Cap in an Indian Insurance Company from 26% to an Explicitly Composite Limit of 49% with the Safeguard of Indian Ownership and Control;

Predictions for Indian Life Insurance Sector in 2015

January 28, 2015 2483 Views 0 comment Print

The dawn of a new year is upon us, and as usual, the contemplation of the year that was, and hopes for the year that will be are in full swing. When considering the competitive, thus lucrative Indian life insurance market, the emerging trends for 2015 are very encouraging.

Proposed Insurance Laws (Amendment) Ordinance, 2014: Key Aspects

December 28, 2014 868 Views 0 comment Print

The Union Cabinet had approved the promulgation of the Insurance Laws (Amendment) Ordinance 2014 to amend the Insurance Act, 1938, the General Insurance Business (Nationalisation) Act, 1972 and the Insurance Regulatory and Development Authority Act, 1999, in accordance with the Insurance Laws (Amendment) Bill 2008 as reported by the Select Committee of the Rajya Sabha, and for suitably introducing it in the Parliament in the next session for consideration and passing.

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