IRDAI vide notification bearing number IRDAI/Reg/5/193/2023 dated August 22, 2023 in exercise of its power conferred by the Insurance Act,1938 and Insurance Regulatory and Development Authority Act, 1999 in consultation of Insurance Advisory Committee has amended
The Ministry of Law and Justice has vide notification ref no. CG-DL-E-12082023-248045 dated August 11, 2023 notified “The Digital Personal Data Protection Act, 2023” (Act) on August 12, 2023 with a view to provide for the
IRDAI vide its Circular bearing no. IRDAI/RBC/CIR/MM/158/8/2023 dated August 10, 2023 has issued a Technical Guidance Document (TGD) for promoting efficiency in conduct of Insurance business and further has issued guidance for Quantitative Impact Study-1 (QIS1).
IRDAI vide its press release dated August 10, 2023 has informed about it is actively working towards development and implementation of the Indian Risk-Based Capital (RBC) and it will further act as a catalyst for Insurers
IRDAI has uploaded the Industry statistics on the First year Premium for Life Insurers for the Financial Year 2023-24 Summary of the details are as under: New Business Statement of Life Insurers for the Period ended
IRDAI vide its circular bearing no. IRDAI/F&I/CIR/INV/155/8/2023 dated August 04, 2023 has clarified the following, pertaining to status of investments made by insurers in Hdfc Ltd., consequent to merger of Hdfc Ltd. with Hdfc Bank Ltd.:
IFSCA vide press release dated August 01, 2023 has informed that Shri K. Rajaraman, IAS has taken charge as the Chairman of the IFSCA with effect from August 01, 2023. Brief profile of Chairman, IFSCA is
IRDAI vide its Press Release dated July 17, 2023 has issued instructions to all General and SAHI Companies to mobilize all resources to ensure immediate service response for settlement of claims. IRDAI has issued certain guidelines
IRDAI vide Circular bearing no. IRDA/NL/CIR/MISC/146/7/2023 dated July 16, 2023 has advised all General and SAHI Companies to mobilize all resources to ensure immediate service response for settlement of claims. Key highlights of the Instructions were
IRDAI vide its notice dated July 13, 2023 has notified about the 4 th List of approved Enrollments, which were submitted up till July 12, 2023. Further IRDAI has also issued some instructions for initiating the