irdai
Rs 15,167 crore policies lie unclaimed: Irdai
Insurance regulator Irdai has already asked insurers to take steps to identify the policyholders or beneficiaries and disburse the claims.
Rs 15,167 crore unclaimed money of policyholders lying with insurers
The insurers have to update information regarding unclaimed amounts on their websites on half-yearly basis.
IDBI Bank seeks Centre’s nod to sell stake to LIC
Irdai has already given its approval to the insurer for the stake purchase.
LIC board approves acquisition of up to 51 per cent stake in IDBI Bank
Insurance regulator Irdai has already given its approval to the insurer for the stake purchase.
No vehicle insurance without PUC certificate: Irdai
Irdai in a notification has directed all general insurance companies not to insure a vehicle unless it has a valid PUC certificate.
Sriram takes charge as MD and CEO of IDBI Bank
Sriram was appointed MD and CEO in place of Mahesh Kumar Jain who recently took charge as deputy governor of RBI.
Bombay Stock Exchange, Ebix plan to launch insurance platform
It will allow distribution outlets, brokers, advisors and financial institutions to sell insurance products.
Irdai seeks host of changes for returns
In January, it constituted an eight-member committee to make recommendations on the amendments required in the regulations.
Irdai gets 5 applications for non-life, reinsurance business
Irdai has not received application from any new life insurance company so far.
SBI Life to open Bahrain branch by December
Company has received the requisite approvals from the Central Bank of Bahrain and the Indian regulator IRDAI.