IRDAI vide reference no. IRDAI/F&I/CIR/INV/81/04/2022 has issued a Circular on ‘Exposure of Insurers to Financial and Insurance Activities’ dated April 29, 2022 (Circular) Major highlights of the Circular are as follows: The Circular draws reference of
IRDAI vide reference no. IRDAI/F&I/CIR/INV/81/04/2022 has issued a Circular on ‘Exposure of Insurers to Financial and Insurance Activities’ dated April 29, 2022 (Circular) Major highlights of the Circular are as follows: The Circular draws reference of
IRDAI vide reference no. IRDAI/NL/CIR/MISC/77/4/2022 has issued a Circular on ‘Dispensing with certain Non-Life Insurance returns’ dated April 28, 2022 (Circular). Major highlights of the Circular are as follows: IRDAI reviewed various returns collected from the
IRDAI has vide Circular dated April 28, 2022 issued Exposure Draft on Group Insurance Products under Health Insurance Business and other operational matters. Key highlights This Circular proposes to supersede the following prescriptions as far as
IRDAI has issued a circular vide reference number IRDA/ACT/CIR/GEN/74/4/2022 on ‘Rationalization of certain compliance requirements’ dated April 27, 2022 (Circular). Background IRDAI has carried on a preliminary review of the extant compliance requirements pertaining to actuarial
IRDAI has issued a Press Release on ‘Processing of registration applications of new insurers’ under the IRDAI (Registration of Indian Insurance Companies) Regulations, 2000, dated April 26, 2022 . The new mechanism for processing of registration
The International Financial Services Centres Authority (IFSCA) vide notification dated April 20, 2022 has issued a ‘Study Report on International Comparative study on development of strategic framework for making IFSC as a Re-insurance hub’. Background IFSCA
International Financial Services Centres Authority (IFSCA) with an objective of capacity building and providing skilled talent pool in the insurance sector in International Financial Services Centres (IFSCs), has entered into a Memorandum of Understanding (MOU) with
Ministry of Finance, vide notification ref no. S.O. 1802(E) dated April 12, 2022 has issued Foreign Exchange Management (Non-debt Instruments) (Amendment) Rules, 2022 (“Rules”) to amend Foreign Exchange Management (Non-debt Instruments) Rules, 2019. Applicability: These Rules
IRDAI vide it’s press release dated April 12, 2022 has informed regarding conduct of an Open House for all the regulated entities on 15th of every Month at 3PM at the Head office of IRDAI. Key