IRDAI has comprehensively reviewed the Master Guidelines on Anti Money Laundering/Counter Financing of Terrorism (AML/CFT), taking into consideration of extant PML Act and Rules and the dynamics of the insurance industry and has issued ‘Draft Master
IRDAI has issued a Press Release dated May 31, 2022 (Press Release) that summaries the discussions held on May 30, 2022 at the conference on ‘InsurTech – Catalyst that Inspires’ at Bengaluru. Shri Debashish Panda, Chairman
IRDAI has issued a Press Release on ‘InsurTech – Catalyst that Inspires’ dated May 24, 2022 (Press Release). Major highlights of the Press Release are as follows: With an aim to emphasize upon the InsurTech ecosystem,
IRDAI vide reference no. IRDAI/HLT/REG/CIR/104/5/2022 has issued a Circular on ‘Modifications in definition of Critical Illnesses prescribed in Guidelines on Standardization in Health Insurance’ dated May 27, 2022 (Circular). Major highlights of the Circular are as
IRDAI vide reference no. IRDAI/CAD/CIR/MISC/105/5/2022 has issued a Circular on ‘Adhering the timelines of award settlement as per Rule 17(6) of the Insurance Ombudsman Rules, 2017’ dated May 27, 2022 (Circular). Background The Circular draws reference
Ministry of Road Transport and Highways ( MoRTH ) has notified Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules, 2022 ( Rules ) vide reference number G.S.R. 394(E) dated May 25, 2022 . The
The Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules, 2022 notified by Ministry of Road Transport and Highways ( MoRTH ) bearing reference number G.S.R. 394(E) dated May 25, 2022 have been uploaded by
In continuation to the Press Release issued on “InsurTech – Catalyst that Inspires’ dated May 24, 2022 , IRDAI has subsequently shared the following details of the conference scheduled to be held on May 30, 2022
IRDAI vide reference no. IRDAI/HLT/CIR/MISC/102/5/2022 has issued a Circular on ‘Revision of Health Insurance Regulatory Returns’ dated May 23, 2022 (Circular). Major highlights of the Circular are as follows: IRDAI comprehensively examined the extant returns being
IRDAI vide Ref No. IRDAI/REIN/NOT/RIN/101/5/2022 dated May 20, 2022 has issued a Notification on Reconstitution of Reinsurance Advisory Committee The Chairman and the Members of the Reinsurance Advisory Committee are as follows: Sr. No. Name Designation