Background The Authority has published IRDAI ( Bima Sugam – Insurance Electronic Marketplace) Regulations , 2024, (‘Bima Sugam Regulation’) in the Gazette of India bearing F. No. IRDAI/Reg/5/199/2024 on March 20, 2024 , with the primary
The Authority has published a notification in the Gazette of India bearing F. No. IRDAI/Gen Insurance/Tariff/13/207/2024 (‘Notification’) on March 20, 2024, de-notifying the various tariff products. This Notification impacts Fire, Motor, Engineering, Workmen’s Compensation, and other
Background The Authority has published IRDAI (Insurance Products) Regulations, 2024 (‘Product Regulation’), in the Gazette of India, bearing F. No. IRDAI/Reg/8/202/2024 dated March 20, 2024, after repealing the following prescription: i. IRDAI (Micro Insurance) Regulations, 2015.
IRDAI has issued the following list of Chairman and Whole-time Members dated March 12, 2024. i. List of Chairman/Chairperson and Whole-time Members of the Authority since inception; and ii. List of Current Chairperson and Whole-time Members
Dear Sir/Madam, IRDAI has uploaded the Industry statistics on the First year Premium for Life Insurers for the Period ended 29th February 2024 Summary of the details are as under: New Business Statement of Life Insurers
IFSCA, vide ref. No. F. No. 865/IFSCA/Banking/Fee Revision/2022-23 dated March 1, 2024, has issued a Circular on Fee structure for the entities undertaking or intending to undertake permissible activities in IFSC (“Circular”). Background Reference is drawn
IRDAI issued an Order bearing reference number: IRDAI/INT/ORD/MISC/47/02/2024 dated February 29, 2024, with respect to the appointment of Election Officer to conduct 14 th Council Elections of Indian Institute of Insurance Surveyors and Loss Assessors (IIISLA).
IRDAI vide Notice bearing no. IRDAI/SUR/ENROLL/ON/FEB/2024 dated February 29, 2024, issued a notice pertaining to the enrolment of Surveyor, with an intent to provide sufficient time to all the prospective applicants for responding to the queries
IRDAI vide notification dated February 23, 2024, issued an ‘Obligatory Cession for the financial year 2024-25’ (Notification’) to bring clarity, fairness, and transparency to re-insurance practices, ensuring compliance from relevant Indian insurers and reinsurers throughout the
IRDAI issued an Order bearing reference number: IRDAI/INT/ORD/MISC/42/02/2024 dated February 22, 2024, in the matter of M/s. Dealmoney Securities Pvt. Ltd. (“Corporate Agent or CA”) with respect to the on-site inspection conducted from September 29, 2021,