Background The Authority has published IRDAI (Actuarial, Finance and Investment Functions for Insurers) Regulations, 2024 (‘Regulation’), in the Gazette of India, bearing F. No. IRDAI/Reg/10/204/2024 dated March 20, 2024, after repealing the following prescription: 1. IRDAI
Background The Authority has published IRDAI ( Protection of Policyholders’ Interests and Allied Matters of Insurers) Regulations , 2024 (‘PPHI Regulation’), in the Gazette of India, bearing F.No. IRDAI/Reg/11/205/202, after repealing the following prescription: 1. IRDA
IRDAI has issued a Circular on Servicing to the Policyholder – Special Measures for the current financial year 2023-24 bearing reference no. IRDAI/PP&GR/CIR/MISC/55/3/2024 dated March 28, 2024, with an intent to avoid hardship to the Policyholder.
Background The Authority has published IRDAI (Registration and Operations of Foreign Reinsurers Branches and Lloyd’s India) Regulations, 2024 (‘Regulation’), in the Gazette of India, bearing F. No. IRDAI/Reg/9/203/2024 dated March 20, 2024, after repealing the following
IRDAI has issued a list of Domestic Systemically Important Insurers (D-SIIs) on March 27, 2024. The D-SIIs are insurance firms crucial to the stability of the financial system due to their size, market significance, and global
IRDAI vide a Press Note issued on March 22, 2024, has notified grant of certificate of registration (R2) to commence health insurance business to one applicant, namely: 1. Galaxy Health and Allied Insurance Company Limited With
Background The Authority has published IRDAI (Insurance Products) Regulations, 2024 (‘Product Regulation’), in the Gazette of India, bearing F. No. IRDAI/Reg/8/202/2024 dated March 20, 2024, after repealing the following prescription: i. IRDAI (Micro Insurance) Regulations, 2015.
Background The Authority has published IRDAI ( Protection of Policyholders’ Interests and Allied Matters of Insurers) Regulations , 2024 (‘PPHI Regulation’), in the Gazette of India, bearing F.No. IRDAI/Reg/11/205/202, after repealing the following prescription: 1. IRDA
The Authority has published a notification in the Gazette of India bearing F. No. IRDAI/Gen Insurance/Tariff/13/207/2024 (‘Notification’) on March 20, 2024, de-notifying the various tariff products. This Notification impacts Fire, Motor, Engineering, Workmen’s Compensation, and other
Background The Authority has published IRDAI ( Bima Sugam – Insurance Electronic Marketplace) Regulations , 2024, (‘Bima Sugam Regulation’) in the Gazette of India bearing F. No. IRDAI/Reg/5/199/2024 on March 20, 2024 , with the primary