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The Ministry of Corporate Affairs (herein referred as Ministry ) issued a recommendations for streamlining the incorporation process…

The Ministry of Corporate Affairs (hereinafter referred to as the “Ministry”) has issued recommendations for streamlining the incorporation process of IFSC Companies vide Memorandum dated 24th June 2025 (hereinafter referred to as the “Memorandum”). The key

IRDAI GDP Flash Figure for Non-Life Insurers for period upto May 2025

IRDAI has uploaded Gross Direct Premium Flash Figure for Non-Life Insurers upto period of May 2025. Please find attached file herewith for your reference. Source category: IRDAI Attachments IRDAI GDP flash Figure Up to May 2025

Circular outlining the Fee Structure for KYA Registration Agencies in IFSC

The International Financial Services Centres Authority (IFSCA) (“Authority”) has issued a Circular bearing reference no. IFSCA/CMD/DMIIT/KRA/2025-26/1 dated 16th June 2025 outlining the Fee Structure for KYC Registration Agencies in IFSC (“Circular”). The Circular has been issued

Advisory to All Insurers, Reinsurers, Life Insurance Council and General Insurance Council

The IRDAI (“Authority”) has issued an advisory to all insurers, reinsurers, the Life Insurance Council, and the General Insurance Council following the tragic crash of Air India Flight 171 into the BJ Medical College hostel in

IRDAI Minutes of the 130th Meeting

The IRDAI has placed the Minutes of its 130th Meeting of the Authority, held on 15th April 2025, on its website. The key highlights of the meeting are as follows: In the absence of the Chairperson,

IRDAI First year Premium for Life Insurers for the Period ending May 31, 2025

IRDAI has uploaded the industry statistics on the First Year Premium of Life Insurers for the period ending 31st May 2025. Summary of the details are as under: New Business Statement of Life Insurers for the

IFSCA Modifications under the IFSCA (Anti Money Laundering, Counter-Terrorist Financing and Know You

The International Financial Services Centres Authority (IFSCA) (hereinafter referred to as the “Authority”) vide Circular bearing reference number F. No. IFSCA-DAC/7/2024-AMLCFT/01 dated 05th June 2025 has issued a Circular on “Modifications under the International Financial Services

IRDAI has uploaded the industry statistics on the First year Premium for Life Insurers for the…

IRDAI has uploaded the industry statistics on the First Year Premium for Life Insurers for the period ending 31st May 2025. Summary of the details are as under: New Business Statement of Life Insurers for the

IRDAI GDP Flash Figure for Non-Life Insurers from period of April 2025

IRDAI has uploaded Gross Direct Premium Flash Figure for Non-Life Insurers upto April 2025. Please find attached files herewith for your reference. Source category: IRDAI Attachments IRDAI GDP flash Figure of Non-Life Insurers up to April

IRDAI Order in the matter of M/s. Acko General Insurance Ltd.

The IRDAI (“Authority”) issued an order in the matter of M/s. Acko General Insurance Ltd. (“Insurer”) Vide order bearing reference number IRDAI/E&C/ORD/MISC/68/05/2025 dated May 19, 2025 (“Order”), with respect to the Show Cause Notice dated July