Category: Regulatory Updates

  • Regulatory Updates

IRDAI- Reconstitution of Reinsurance Advisory Committee (RAC)

The Insurance Regulatory and Development Authority of India (IRDAI), vide its Order dated January 28, 2026 (“Order”), has reconstituted the Reinsurance Advisory Committee (RAC) under the powers conferred by Section 101B of the Insurance Act, 1938.

IRDAI GDP flash figure of Non-Life Insurers up to December 2025

The Insurance Regulatory and Development Authority of India (” IRDAI “) has uploaded Gross Direct Premium Flash Figure for Non-Life Insurers up to the month of December 2025. Please find the file attached herewith for your

IRDAI Minutes of 132nd Meeting of Authority

The IRDAI has released the minutes of its 132nd Authority Meeting held on July 14, 2025, at Hyderabad. The key highlights of the meeting are as follows: In absence of Chairperson, Shri Parmod Kumar Arora (Whole-time

IRDAI First year Premium for Life Insurers for the period ending December 31, 2025

IRDAI has uploaded the industry statistics on the First year Premium for Life Insurers for the period ending December 31, 2025. Summary of the details are as under: New Business Statement of Life Insurers for the

Public Comments on IFSCA (Registration of Insurance Business) (Amendment) Regulations, 2025

The International Financial Services Centres Authority (“IFSCA” / “Authority”) has released the Analysis of Public Comments received on the proposed IFSCA (Registration of Insurance Business) (Amendment) Regulations, 2025, dated January 5, 2026. The Authority had earlier

IRDAI – Implementation of 1600 Series TRAI directions

The Insurance Regulatory and Development Authority of India (“IRDAI” / “Authority”) has issued a Circular dated January 6, 2026, bearing Ref. No. IRDAI/PP&GR/CIR/MISC/02/01/2026, on the Implementation of 1600-Series TRAI Directions (“Circular”). The key highlights of the

IRDAI Order in the matter of M/s Reliance General Insurance Co. Ltd.

The Insurance Regulatory and Development Authority of India (“IRDAI” / “Authority”) has issued an Order in the matter of Reliance General Insurance Company Limited (“Insurer” / “Company”), bearing Ref. No. IRDAI/E&C/ORD/MISC/145/12/2025, dated December 26, 2025, in

IRDAI – List of Life Products

The Insurance Regulatory and Development Authority of India (” IRDAI “) has released the list of Life Products / Riders with UIN and current remarks by IRDAI of all Life Insurance Companies, dated December 26, 2025.

Indian Insurance Companies (Foreign Investment) Amendment Rules, 2025

The Ministry of Finance (Department of Financial Services) has notified the Indian Insurance Companies (Foreign Investment) Amendment Rules, 2025 (“Rules”) dated December 30, 2025 bearing Gazette ID CG-DL-E-30122025-268929 in the Gazette of India. The Gazette notification

IRDAI Annual Report 2024-25

The IRDAI has released the IRDAI Annual Report for the year 2024- 25 dated December 30, 2025. The key highlights of the report are as follows: 1. Total insurers registered in India as on March 31,