Mumbai, Oct 26
Sectoral regulator IRDA is expected to suggest to a high-level panel that the new Insurance Bill remove the existing 40 per cent cap on agency commission and leave agent licensing process to insur...
Hyderabad, September 26
The insurance industry is in need of capital infusion, said TS Vijayan, Chairman, Insurance Regulatory and Development Authority (IRDA).
Speaking on the sidelines of a conference on digit...
Mumbai, August 20
The Insurance Regulatory and Development Authority (IRDA) has asked all insurers to display information about any unclaimed amount above ₹1,000 on their websites. Unclaimed amounts are those...
New Delhi, Aug. 17
The first year (or new business) premium of life insurance companies increased by a marginal 2.5 per cent from a year ago to ₹19,699.28 crore as of June 30, 2014.
According to data from I...
Mumbai, July 24
Welcoming the hike in foreign holdings in the insurance sector, IRDA (Insurance Regulatory and Development Authority) Chairman T S Vijayan on Thursday expressed the hope that the move would finall...
Mumbai, July 17
According to data from the IRDA, health insurance has been one of the fastest-growing categories for general insurers, logging a 13.5 per cent growth in FY 2013-14.
Hyderabad, June 10
The Insurance Regulatory and Development Authority (IRDA) is all set to launch a pilot on life insurance repository (IR) system.
This is meant for keeping/storing a policy in digitised/de...
Mumbai, April 22
To curb undercutting in rates, IRDA has sought pricing details from insurers »
November 7, 2014
The bull run in the stock market after May, when the Bharatiya Janata Party came to power with a thumping majority, is fuelling the sales of unit-linked insurance plans (ULIPs). As a result, UL...
Chennai, October 10
It is high time the Insurance Act 1938 is amended to empower the Insurance Regulatory and Development Authority (IRDA) completely and make it responsible for the growth of the insurance ind...
Mumbai, September 16
There is no freedom now to test and refine products: IRDA
Mumbai, August 17
The recent proposal by the insurance regulator to allow three year policies for two-wheelers could help the general insurance industry to lower losses on their third party motor insurance p...
Mumbai, August 4
Insurance companies hold significant stakes in listed Indian entities
Hyderabad, July 24
The Insurance Regulatory and Development Authority (IRDA) has imposed Rs 5 lakh penalty on Sahara India Life Insurance Company Ltd for not fulfilling social sector obligations.
Hyderabad, July 1
To consider pilot satellite imagery scheme for farm sector
Mumbai, May 14
IRDA moots new distribution concept under marketing firm model
Hyderabad, April 20
IRDA to track hospitals to prevent exploitation of patients having health cover