IRDAI
The Insurance Regulatory and Development Authority of India (IRDAI) is a regulatory body under the jurisdiction of Ministry of Finance, Government of India and is tasked with regulating and licensing the insurance and re-insurance industries in India.
See below for the Latest IRDAI News, Analysis, Profit Results, Share Price Information, and Commentary.
India’s new business premium dips 18.5%
Its group single premium contraction offset individual premium growth.
India’s new business premium dips 18.5%
Its group single premium contraction offset individual premium growth.
IRDAI to push government to allow insurers to invest in unlisted companies
The move could unlock new funding avenues for startups in the country.
India insurance regulator pushes easing of capital requirements
The regulator aims to let smaller players entry into the market.
India regulator forms health insurance consultative committee
Its purpose is to look into improving the health insurance segment.
India insurance regulator proposes to allow private equity funds in insurance
Private equity funds may invest as a promoter or an investor.
India sets ambitious goal to be sixth largest insurance market globally
The industry is currently growing at a CAGR of 11%.
Indian regulator proposes 20% ceiling for insurance agents’ commissions
The proposal will also require insurers to have a board-approved policy on commissions.
Cheaper insurance as IRDAI greenlits tech-enabled cover for motor
This will enable Indian insurers to offer analytics-based policies.
India could soon allow customers to take out loans to buy insurance
The regulator is currently studying a proposal for premium financing.
India extends ‘Use and File’ system
This allows insurers to market products whilst waiting for regulator approval.
India jacks up third-party motor insurance premiums
The increase takes effect on 1 June.
Indian insurers forbidden from advertising services not part of cover
The regulator said this is ‘unacceptable’.
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
Most Read
1. bolttech secures $50m venture debt from HSBC, expands market 2. Life insurance premiums forecast to grow by 3% yearly until 2026 3. Prudential launches AI lab in Singapore 4. Asia leads in embedded insurance, set to reach $170b by 2030 5. Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of AmericaResource Center
Read Here
Advertise
Sign Up
Event News
Event News
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.
