Insurance Regulatory and Development Authority of India

Insurance Regulatory and Development Authority of India.

New reinsurance guidelines spotlight Indian insurers' capital management

The IRDAI is actively considering introducing collaterals within the Indian insurance industry.

New reinsurance guidelines spotlight Indian insurers' capital management

The IRDAI is actively considering introducing collaterals within the Indian insurance industry.

IRDAI modifies master circular on unclaimed amounts of policyholders

The IRDAI reminded insurers to make better efforts in terms of payment of dues.

IRDAI overhauls regulations for Indian insurers, prioritising business ease

A committee has been placed to form recommendations to the IRDAI.

IRDAI grants operating license to new insurer, breaks 5-year grap since last entrant

Notably, this is the fifth registration granted by the IRDAI across the industry in approximately the last year.

IRDAI assembles taskforce for bancassurance

The share of banks as corporate agents was 5.93% of non-life insurance and 17.44% of new business premiums in 2022-23.

IRDAI to improve insurance accessibility in 'every nook and corner' of India

The regulator wants to ensure that each area has a dedicated "vahak" to sell and service straightforward insurance products.

Indian insurers urged to widen scope of cyber insurance

The IRDAI said that standardisation of policy wording is not desirable at this juncture.