IRDAI has uploaded the industry statistics on the First Year Premium for Life Insurers for the period ending January 31, 2025. Summary of the details are as under: New Business Statement of Life Insurers for the
IFSCA issued a press release on the cancellation of the approval/authorization granted to Prowess Insurance Brokers Pvt. Ltd. by an order dated February 13, 2025, to operate a Branch office in GIFT IFSC as IFSC Insurance
IRDAI issued a press release on February 14, 2025, announcing the ninth edition of Bima Manthan, a two-day quarterly meeting with CEOs of insurers held in Hyderabad on February 13-14, 2025, featuring candid discussions on various
IRDAI vide reference number IRDAI/GA&HR/GDL/MISC/33/02/2024 dated January 05, 2025, has issued an Office Order on reconstitution of Inter-Disciplinary Standing Committee on Cyber Security (“2025 Order”). The Committee, as constituted under the previous Office Order on the
IRDAI issued a press release dated January 30, 2025, titled “Review of revision in premium rates under health insurance policies for senior citizens” with the aim to address the issue of steep increase in premium rates
IRDAI vide Order bearing reference number IRDAI/E&C/ORD/MISC/14/01/2025 dated January 24, 2025, issued an Order in the matter of M/s Royal Sundram General Insurance Co. Ltd. (‘Company’) with respect to the Show Cause Notice dated June 25,
IRDAI has issued the regulation titled IRDAI (Meetings)(amendment) Regulations, 2025 bearing reference number IRDAI/Reg/1/208/2025 dated January 01, 2025 , amending certain provisions of the IRDAI (Meetings) Regulations, 2000 bearing reference number IRDA/Reg./7/2000 dated July 14, 2000,
IRDAI issued a press release dated January 10, 2025, on further strengthening the regulatory framework with the notification of 5 new regulations/amendments as part of a comprehensive review to ensure an agile and progressive regulatory environment.
IRDAI has uploaded the industry statistics on the First year Premium for Life Insurers for the Period ending December 31, 2024. Summary of the details are as under: Insurer Premium Growth over prev year in %
IRDAI has issued the regulation titled IRDAI (Maintenance of Information by the Regulated Entities and Sharing of Information by the Authority), Regulations 2025 (“Regulations”) bearing reference number IRDAI/Reg/4/211/2025 dated January 01, 2025, with the objective to