IRDAI vide Circular bearing ref erence n umber: IRDA/NL/CIR/MISC/215/12/2023 dated December 09, 2023, issued an advisory on Insurance claims relating to Cyclone and subsequent heavy rains/floods in Michaung. The major highlights of the Circular are as
IRDAI vide Circular bearing reference number: IRDA/NL/CIR/MISC/215/12/2023 dated December 09, 2023, issued an advisory on Insurance claims relating to Cyclone and subsequent heavy rains/floods in Michaung. The major highlights of the Circular are as follows: The
New Business Statement of Life Insurers for the Period ended 30th November 2023 (Premium & Sum Assured in Rs.Crore) Insurer Premium No. of Policies / Schemes No. of lives covered under Group Schemes Sum Assured Growth
IRDAI has issued a circular bearing Ref No. IRDA/INT/CIR/IB/206/11/203 dated November 24, 2023, clarifying that insurers and insurance brokers (as the case maybe) are not required to file the following: Certificate as per Annexure I-D under
IRDAI has issued a circular bearing Ref No. IRDA/INT/CIR/IB/206/11/203 dated November 24, 2023, clarifying that insurers and insurance brokers (as the case may be) are not required to file the following: Certificate as per Annexure I-D
IRDAI vide Order bearing reference no. IRDAI/GA&HR/ORD/207/11/2023 dated November 24, 2023 has issued order constituting a Task Force for examining the impact and implications of the Digital Personal Data Protection Act, 2023 on the Insurance Sector.
IRDAI vide Circular bearing reference no. IRDAI/IID/CIR/MISC/202/11/2023 dated November 21, 2023 issued Circular on “Procedure for implementation of Section 12A of “The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005
Background The Authority had directed the Councils to constitute a Regulation Review Committee (RRC) to enhance the ease of doing business and simplify regulations by moving towards a principle-based regime to make them more effective. The
IRDAI has uploaded the Industry statistics on the First year Premium for Life Insurers for the Financial Year 2023-24 Summary of the details are as under: New Business Statement of Life Insurers for the Period ended
IRDAI vide its order bearing no. IRDAI/INT/ORD/MISC/199/11/2023 dated November 10, 2023, has issued an order against M/s Centcart Insurance Broking Services Private Limited (“Broker”). Issue: The Broker had not filed the second Half-yearly returns for FY