IRDAI vide ref no. IRDAI/F&I/ED/EMT/161/8/2022 dated August 1, 2022 has issued an Exposure Draft – IRDAI (Expenses of Management of Insurers transacting General or Health Insurance Business) Regulations, 2022 for seeking comments/suggestions of the stakeholders. Major
IRDAI vide its order bearing ref. no. IRDAI/F&I/ORD/MISC/152/7/2022 dated July 21, 2022 has formed a Working Group on Accounting of Premium, Claims and Related Expenses on Estimation Basis and Repatriation of Surplus by Branches of Foreign
IRDAI vide it’s circular bearing Ref No: IRDAI/HLT/CIR/MISC/150/7/2022 dated July 20, 2022 on the “Standards and Benchmarks for the Hospitals in the Provider Network” (Circular) has partially modified its earlier circular bearing ref. no. IRDAI/HLT/REG/MISC/199/07/2021 dated
IRDAI vide ref. No. IRDAI/NL/CIR/PRO/146/07/2022 dated July 14, 2022 has issued a Circular on “Use and File Procedure for Retail Products for Agriculture & Allied Activities”. IRDAI has also issued a Press Release dated July 14,
IRDAI vide it’s order bearing Ref No: IRDAI/REIN/ORD/RIN/142/7/2022 dated July 12, 2022 has constituted a Task Force with the following participants, to study and make recommendations on issues faced by Non- Life Insurers and Reinsurer: Sr.
IRDAI vide circular bearing ref No: IRDAI/NL/CIR/Motor/136/07/2022 dated July 06, 2022 has issued a Circular on “Introduction of new add-ons in Motor Insurance” (Circular), which shall come into effect immediately. IRDAI has also issued a Press
Ministry of Finance (Department of Financial Services) has published a notification bearing no. CG – DL – E- 04072022-237034 dated July 4, 2022 granting certain exemptions to the insurers operating in Special Economic Zone (SEZ) and
IRDAI has issued a Press Release dated July 1, 2022 on Bima Manthan – a bi-monthly series of in-person meetings with CEO/MDs of all the insurers (Press Release). Highlights of the Press Release are as follows:
IRDAI has issued a circular vide Ref no. IRDAI/HLT/CIR/MISC/131/6/2022 dated June 29, 2022 on “ Repealing of Old circulars ” (Circular). Key highlight of the Circular is as follows: IRDAI has repealed following circulars in light
IRDAI vide its Circular dated June 20, 2022 has extended the timeline to submit comments/ suggestions, if any on the ‘Draft Master Guidelines on Anti Money Laundering/Counter Financing of Terrorism (AML/CFT)’ till June 30, 2022. All