IRDAI vides its circular no-IRDAI/F&I/CIR/EOM/84/4/2023 dated April 05, 2023, had issued following clarifications on IRDA (Expenses of Management of insurers transacting Life Insurance Business) Regulations 2023: – The following clarifications is issued under Regulation 19 of
IRDA has issued Surveyor Examination Notice Ref: IRDAI/SUR/EXAM/ON/JUN/2023 dated 06th April 2023 Important Instructions Further to the Surveyor Examination Notice dated 03.04.2023, please find the uploaded excel file containing 2nd list of Approved Enrollments. The 2nd
IRDAI vide Ref No. IRDAI/I&AT/ORD/MISC/78/3/2023 dated March 31, 2023, has issued an order reconstituting the Committee to evaluate applications filed under IRDAI (Regulatory Sandbox) Regulations, 2019. Composition of the Committee The primary objective of the Committee
IRDAI has issued vide ref no. IRDA/INT/CIR/MISP/082/03/2023 a Guidance note on Board policy of the insurer on the commission structure (Guidance note) dated March 31, 2023 to ensure that commission structure of intermediaries is designed in
IRDAI vide Circular ref no IRDA/INT/CIR/MISP/083/03/2023 dated March 31, 2023 has issued a clarification with respect to applicability of IRDAI (Expenses of Management of Insurers transacting General or Health Insurance Business) Regulations, 2023 dated March 26,
IRDAI, vide circular bearing reference number IRDAI/ACTL/CIR/PRO/81/3/2023 dated March 31, 2023 has advised a change in the procedure for “File and Use” of the insurance products. The applicability of the Circular is for all Life, General
IRDAI vide Ref No. IRDAI/I&AT/GDL/MISC/77/3/2023 dated March 31, 2023, has issued Guidelines on Operational Issues pertaining to the Regulatory Sandbox The procedure for filing the application: – Application for grant of permission for promoting innovation in
IRDAI vide a Press note issued on March 31, 2023 has notified grant of certificate of registration to commence life insurance business to two applicants, namely: Acko Life Insurance Ltd., and Credit Access Life Insurance Ltd.
IRDAI vide a Press Release issued on March 31, 2023 has emphasized on the idea of promoting innovation in the insurance sector and encouraging technological solutions on a continuous basis. In this regard, the IRDAI has
The list of D-SIIs for the year 2022-23 is as follows : The following companies are continued to be identified as D-SIIs: 1. Life Insurance Corporation of India 2. General Insurance Corporation of India and 3.