Category: Regulatory Updates

  • Regulatory Updates

IRDAI GDP flash figure of Non-Life Insurers up to October 2025

The Insurance Regulatory and Development Authority of India (“IRDAI”) has uploaded the Gross Direct Premium Flash Figure for Non-Life Insurers up to the month of October 2025. Please find the file attached herewith for your reference.

IRDAI First year Premium for Life Insurers for the period ending October 31, 2025

IRDAI has uploaded the industry statistics on the First Year Premium for Life Insurers for the period ending October 31, 2025. Summary of the details are as under: Source category: IRDAI Attachments Download First Year Premium

Order in the matter of M/s Universal Sompo General Insurance Co. Ltd.

The Insurance Regulatory and Development Authority of India (“IRDAI”/“Authority”) issued an order in the matter of M/s Universal Sompo General Insurance Company Limited (hereinafter referred to as “Insurer” or “Company”) vide order bearing reference number IRDAI/E&C/ORD/MISC/125/11/2025

Modifications under the International Financial Services Centres Authority (Anti Money Laundering, C

The International Financial Services Centres Authority (“IFSCA” or “Authority”) has released a Circular on modifications to the International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022 vide reference number

IFSCA Press Release on Financial Action Task Force (FATF) High risk and other monitored jurisdiction

The International Financial Services Centres Authority (“IFSCA” or “Authority“) has issued a Press Release dated November 03, 2025, notifying the latest Financial Action Task Force (FATF) High-Risk and Other Monitored Jurisdictions pursuant to the FATF public

Order in the matter of M/s Liberty General Insurance Co. Ltd.

The Insurance Regulatory and Development Authority of India (“IRDAI” / “Authority”) has issued an Order bearing Reference No. IRDAI/E&C/ORD/MISC/121/10/2025 dated October 30, 2025, in the matter of M/s Liberty General Insurance Co. Ltd. pursuant to the

Order in the matter of M/s Reliance Nippon Life Insurance

The IRDAI (Authority) issued an order in the matter of M/s Reliance Nippon Insurance Company Limited (“Insurer” or “Company”) vide Order Ref. No. IRDAI/E&C/ORD/MISC/100/08/2025 dated October 17, 2025, with respect to the remote inspection conducted from

IRDAI GDP flash figure of Non-Life Insurers up to September 2025

The Insurance Regulatory and Development Authority of India (” IRDAI “) has uploaded Gross Direct Premium Flash Figure for Non-Life Insurers up to the month of September 2025. Please find the file attached herewith for your

IRDAI Circular on cessation of the practice of allowing additional line of business/department to SL

The Insurance Regulatory and Development Authority of India (“ IRDAI ” or “ Authority ”) has released a Circular applicable to all licensed Surveyors and Loss Assessors dated October 10, 2025, bearing reference number IRDAI/SUR/CIR/MISC/115/10/2025, regarding

IRDAI First year Premium for Life Insurers for the period ending September 30, 2025

IRDAI has uploaded the industry statistics on the First Year Premium for Life Insurers for the period ending September 30, 2025. Summary of the details are as under: New Business Statement of Life Insurers for the