Insurance Regulatory and Development Authority of India
Insurance Regulatory and Development Authority of India.
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 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.
Bangladesh’s general insurance industry to see 8.8% CAGR in 2027: GlobalData
Its gross written premiums will reach $809m by 2027.
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.
India sets open house for insurtechs, fintechs to collaborate
This will be held every 15th day of the month.
Indian insurers urged to widen scope of cyber insurance
The IRDAI said that standardisation of policy wording is not desirable at this juncture.
Thought Leadership Centre
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1. India's life insurance growth slows to 10.6% in October 2. South Korean insurers brace for profit squeeze amidst rate cuts 3. bolttech secures $50m venture debt from HSBC, expands market 4. Life insurance premiums forecast to grow by 3% yearly until 2026 5. Prudential launches AI lab in SingaporeResource 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.
