Insurance Regulatory and Development Authority of India
Insurance Regulatory and Development Authority of India.
India eyes turnaround plan for public insurers
The upcoming Ind AS 117 is expected to recalibrate solvency ratios.
India eyes turnaround plan for public insurers
The upcoming Ind AS 117 is expected to recalibrate solvency ratios.
IRDAI sets 30-day free-look period for policies
Insurers are required to provide a tool on their websites for verifying authorised distribution channels.
IRDAI aims for accessible insurance by 2047
Innovations in the insurtech sector were discussed to meet insurance goals.
India considers raising insurance FDI cap to 100%
Despite many industries open to FDI, the insurance sector remains partially restricted.
InsuranceDekho bags composite broking license
It plans to start its reinsurance businesses.
New IRDAI rules enhance grievance redressal
It also aims for a “zero grievances” status.
IRDAI greenlights Paytm Insurance withdrawal
It will focus on the health, life, motor, shop and gadgets segment.
IRDAI unveils major life insurance reforms
Key changes focus on clarity, alternative options, and reinforced governance.
Insurers to expedite claims, IRDAI mandates senior liaisons
Insurers are advised to publicise contact details of liasons for better assistance.
India repeals 55 health insurance documents
On a good note, policyholders gain more product choices.
Paytm withdraws application for general insurance licence
Its decision will save the company INR950 crores.
IRDAI sets rural coverage mandates for insurers
Coverage providers must offer a minimum level of protection in villages.
IRDAI explores improved insurance distribution methods
Participants discussed industry readiness for transitioning to Risk-Based Supervision and Capital frameworks.
IRDAI removes age cap for health insurance: Report
Other improvements have also been made to India’s healthcare system.
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.
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1. Allianz-Income merger in limbo as parties weigh new rules 2. India's life insurance growth slows to 10.6% in October 3. South Korean insurers brace for profit squeeze amidst rate cuts 4. bolttech secures $50m venture debt from HSBC, expands market 5. Life insurance premiums forecast to grow by 3% yearly until 2026Resource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
