Monday, Jan 18, 2021 | Last Update : 01:41 AM IST

irdai

IRDAI panel bats for lower capital, liberal norms for floating microinsurance companies

The changes would require amendments to the Insurance Act, 1938 to bring the standalone microinsurance business under its purview

12 Oct 2020 2:18 PM

So you thought corona was good for insurance companies?

It's great that everyone's taking health insurance but for insurance companies the claims are mounting

18 Sep 2020 1:06 PM

Increasing use of drones amid lockdown prompts insurance regulator to consider coverage

Insurance Regulatory and Development Authority of India sets up panel to work out products covering risks related to drone use.

25 Jun 2020 6:24 PM

Insurance regulator IRDAI asks health insurers to settle claims within two hours

In order to ensure that all health insurance claims are responded to quickly, IRDAI directed insurers to "comply" with certain timelines

20 Apr 2020 12:57 PM

IRDAI gives nod to PNB for stake in two life insurance ventures

PNB is a promoter of PNB Metlife Insurance with the highest stake of 30 per cent since 2012

12 Apr 2020 3:53 PM

ADVERTISEMENT

Life insurers can soon offer health insurance policy

IRDAI (Health Insurance) Regulations 2016 allows Life Insurance Companies to offer benefit-based health insurance products only.

26 Feb 2020 6:56 AM

India will need over 1,000 actuaries: Irdai

Khuntia also said Irdai has not yet received any official proposal from LIC to list on the bourses.

19 Feb 2020 6:56 AM

PSB merger: Insurers told to service all policies

A bank can continue to buy group insurance covers with any number of insurance companies for the insurance needs of its customers.

29 Jan 2020 1:40 AM

Life agents see mass culling

Private insurers appointed 3.82 lakh agents and terminated 3 lakh in FY19.

08 Jan 2020 1:28 AM

DHFL bankruptcy: Irdai rules out troubles for two insurance arms

As of September, DHFL Pramerica Life's solvency ratio stood at 388 per cent and that of DHFL General Insurance at 230 per cent.

07 Dec 2019 11:57 AM

ADVERTISEMENT

PSBs may get nod to hold over 10 per cent in two insurers

An entity holding over 10 per cent in an insurance company is categorised as a promoter while one holding below that limit is termed as an investor.

07 Dec 2019 1:32 AM

PSBs told to outline insurance JVs’ future

UBI has to cut stake in one of the 2 JVs—Star Union Daiichi and IndiaFirst.

03 Dec 2019 1:41 AM

Use telematics to price motor policies: IRDAI

Premium may be linked to driving, social behaviour.

28 Nov 2019 1:42 AM

Surveyor assessment waived in some cases

In case normal commercial claims below a certain claim amount, we do not do an assessment.

20 Nov 2019 3:23 AM

Reliance Health barred from selling policies

Solvency ratio dips to 63% against norm of 150%.

08 Nov 2019 6:26 AM

ADVERTISEMENT

Travel insurance cover can’t be default option: Regulator

The move aims at checking mis-selling of travel insurance through online ticket booking portals and apps.

02 Oct 2019 1:38 AM

Insurance policies become flexible

Premium table can be extended, list of day care procedures can be expanded and critical Illnesses covered can be added.

25 Sep 2019 1:32 AM

Non-life insurers register 17 pc rise in Aug new premium income at Rs 15,964 cr

The 34 insurers' gross premium collection stood at Rs 13,657.51 crore in the same month a year ago.

22 Sep 2019 4:50 PM

Traffic challans may up your insurance premia

Panel to suggest how to link offences with premiums.

07 Sep 2019 1:30 AM

Expedite claims settlement in flood-affected Kar, MH: Irdai to insurers

Irdai issued advisory to general insurance and health insurance companies to expedite settlement of claims for the two states.

12 Aug 2019 4:51 PM

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT