Category: IRDAI

The IRDAI has placed the minutes of its 131st meeting held on April 15, 2025, on its website.…

The IRDAI has placed the minutes of its 131st meeting held on April 15, 2025, on its website. The key highlights of the meeting are as follows: In absence of Chairperson, Shri Parmod Kumar Arora (Whole-time

IRDAI Order in the matter of Heritage Health Insurance TPA Pvt. Ltd.

The IRDAI (“Authority”) issued an order in the matter of Heritage Health Insurance TPA Pvt. Ltd. (“TPA”) vide order bearing reference number IRDAI/E&C/ORD/MISC/54/04/2025 dated April 09, 2025 (“Order”), with respect to the Show Cause Notice dated

IRDAI Order in the matter of M/s Flipkart Internet Pvt Limited

The IRDAI (“Authority”) issued an order in the matter of M/s Flipkart Internet Pvt. Limited (“CA”) vide order bearing reference number IRDAI/INT/ORD/MISC/53/4/2025 dated April 07, 2025 (“Order”), with respect to the Show Cause Notice dated January

IRDAI Press Release on Financial Sector Assessment Program 2024

IRDAI issued a Press Release dated April 08, 2025, titled “India: Financial Sector Assessment Program, 2024” (“Press Release”). The key highlights of the Press Release are as under: The Financial Sector Assessment Program (FSAP), a joint

IRDAI MINUTES OF THE 128th MEETING

IRDAI MINUTES OF THE 128th MEETING The IRDAI has placed the minutes of its 128th meeting held on December 20, 2024, on its website. The key highlights of the meeting are as follows: The Chairman highlighted

IRDAI notice on voluntary surrender of corporate surveyor license

The IRDAI has issued a notice dated March 25, 2025, for Voluntary Surrender of corporate surveyor license no. SLA-200122 M/s Black Grapes Insurance Surveyors & Loss Assessors Private Limited (“Company”). The key highlights of the notice

IRDAI Circular on Cyber Incident or Crisis Preparedness

The IRDAI has issued a circular having reference number IRDAI/GA&HR/C1R/MISC/49/03/2025, dated March 24, 2025, regarding Cyber Incident or Crisis Preparedness (“Circular”). The key highlights of the Circular are as under: Reference is drawn to the IRDAI

IIB-Request for Expression of Interest for Development and Implementation of Regulatory Information

Insurance Information Bureau of India (IIB) issued a Request for Expression of Interest (EoI) document having reference number IIB/IRDA/Tech/PD/2024-25/001, titled for Development and Implementation of Regulatory Information Management System (RIMS) using Low Code Platform for Insurance

IRDAI MINUTES OF THE 129th MEETING

The IRDAI has placed the minutes of its 129th meeting held on March 12, 2025, on its website. The key highlights of the meeting are as follows: Approval has been granted to ‘M/s Valueattics Reinsurance Ltd.’

IRDAI First year Premium for Life Insurers for the Period ending February 28, 2025

IRDAI has uploaded the industry statistics on the First Year Premium for Life Insurers for the period ending February 28, 2025. Summary of the details are as under: New Business Statement of Life Insurers for the