Insurance Regulatory and Development Authority of India

Insurance Regulatory and Development Authority of India.

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.