IRDAI vide Circular bearing no. IRDAI/F&I/CIR/INV/139/06/2023 dated June 28, 2023 has drawn reference to its Circular bearing no. IRDA/F&I/CIR/INV/172/08/2013 dated August 23, 2013 which permitted insurers to invest in Category I and Category II Alternative Investment
IRDAI vide Press Release dated June 27, 2023 has notified regarding its collaboration with M/s Toronto Centre, which is a not-for profit organisation to develop and implement ‘Risk Based Supervision’(RBS) to further: 1. Promote a ‘Principle
IRDAI vide press release dated June 23, 2023 has notified about the extension of the “Use and File” procedure to: Group Unit-Linked Insurance products; Individual Unit-Linked Insurance products; which are offered with new funds and Combi
IRDAI, vide circular bearing reference number IRDAI/ACTL/CIR/PRO/135/06/2023 dated June 20, 2023 has issued a partial modification to the “Use and File” procedure for Life Insurance Products contained in the circular bearing Ref No. IRDAI/ACTL/CIR/PRO/081/3/2023 dated 31st
IRDAI vide Press Release dated June 19, 2023 issued instructions to all General and SAHI Insurers to ensure immediate service response for claims relating to Cyclone Biparjoy. However, a similar Circular, bearing number IRDA/NL/CIR/MISC/133/06/2023 dated June
IRDAI vide Circular, bearing number IRDA/NL/CIR/MISC/133/06/2023 has advised the General and SAHI Insurers to ensure immediate service response for claims relating to Cyclone Biparjoy: Nominate a Senior Executive in each affected State/UT to act as a
IRDAI vide order bearing number IRDAI/PP&GR/ORD/MISC/130/6/2023 dated June 15,2023 has replaced Para 1(VI) of order bearing number IRDAI/CAD/ORD/MISC/75/4/2022 dated April 27, 2022 as below: Old: “VI. Chief General Manager, Consumer Affairs Department, IRDAI Convener” New: “VI.
Ministry of Road Transport and Highways (Ministry) vide circular ref. No G.S.R. 441(E) dated June 14, 2022 and Gazette notification no. CG-DL-E-16062023-246603 dated June 15, 2022 has issued draft Motor Third Party Premium and Liability Rules
IRDAI vide circular bearing number IRDAI/INT/CIR/MISC/129/6/2023 dated June 14, 2023 has notified the Insurance Intermediaries and Insurers regarding repeal of redundant Circulars/ Guidelines/ Clarifications in order to rationalize and enhance clarity in compliance requirements. The list
IRDAI vide circular dated June 13, 2023 has expressed concerns about non-adherence by Regulated Entities* (RE) of the para 3.5 of policy no. 2.10 in IRDAI Information and Cyber Security Guidelines, 2023 with regards to the