IRDAI vide notification no. F. No. IRDAI/Reg/3/182/2022 dated December 05, 2022 has issued a “Insurance Regulatory and Development Authority of India (Regulatory Sandbox) (Amendment) Regulations, 2022”(“Amendment Regulations”). The major highlights of the regulation are as follows:-
Ministry of Finance vide ref no: S.O. 5683(E) dated December 06, 2022 has clarified that the entities on boarded to perform authentication under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act,
The Authority vide reference no. IRDAI/Reg/8/187/2022 dated December 05, 2022 has notified the IRDAI (Other Forms of Capital) Regulations, 2022, with an objective to provide for effective regulatory framework for issuance of Other Forms of Capital
IRDAI vide ref. no. IRDAI/Reg/9/188/2022, dated December 5, 2022 has issued “IRDAI (Registration of Indian Insurance Companies) Regulations, 2022.” (“Regulations”). Objective : To promote ease of doing business and promote growth of insurance sector by simplifying
IRDAI vide ref No: IRDAI/ACTL/CIR/MISC/234/12/2022 dated December 05, 2022 has issued a Circular on “Upload of Motor Third Party data in IIBI’s portal”(Circular). Background: Central Government prescribes the premiums for motor third party (Motor TP) insurance
IRDAI vide ref No: IRDAI/F&I/CIR/INV/233/12/2022 dated December 01, 2022 has issued a Circular on “Clarification with respect to NDS-OM- Investments-Master Circular”(Circular). The Authority has drawn reference to provisions of para 4.11.3 of Investments-Master Circular with regard
The Department of Finance Services (DFS) Ministry of Finance, Govt. of India has issued a Public Notice on its website inviting comments from all stakeholders on the proposed amendments to IRDAI Act, 1999 (Proposed Amendments). Key
The Department of Finance Services (DFS) Ministry of Finance, Govt. of India has issued a Public Notice on its website inviting comments from all the stakeholders on the proposed amendments to Insurance Act, 1938 (Proposed Amendments).
IRDAI has issued a press note dated November 25, 2022 with regards to Insuring India by 2047 – New landscape for Insurance Sector. The note highlights the commitment of the Authority to enable appropriate life, health
IRDAI has issued a revised Exposure Draft – IRDAI (Re-insurance) (First Amendment) Regulations, 2022 (“revised Exposure Draft”) for seeking comments/suggestions of the stakeholders. Background – The Exposure Draft – IRDAI (Re-insurance) (First Amendment) Regulations, 2022 was