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Insurance Regulatory and Development Authority (IRDAI) News
Insurance Regulatory and Development Authority (IRDAI)
Good news for policyholders: Now, get insurance premium receipts on phone through SMS
Fri, Dec 14, 2018
All the insurers have been ordered by IRDAI to inform the policyholders via text messages on the receiving of the premium amount to be paid by the policyholders.
Irdai asks insurers to inform policyholders via SMSes on receipt of premium from January
Fri, Dec 14, 2018
The Insurance Regulatory and Development Authority of India ( Irdai ) said the order is being issued to enhance the policyholder protection and information.
Irdai allows single personal accident cover for multiple vehicles
Thu, Dec 13, 2018
Customers will not have to purchase separate compulsory personal accident (CPA) cover for each new vehicle they buy.
No insurance cover to persons suffering from congenital anomalies: HC seeks IRDAI explanation
Fri, Oct 19, 2018
The Delhi High Court has asked the Insurance Regulatory and Development Authority (IRDAI) to "explain the reasonableness" of not granting insurance cover to people suffering from congenital anomalies.
Alert! Have insurance policy? Do not make this mistake, you will lose money; check full list of dos and don'ts
Fri, Sep 21, 2018
In this case, cheats surreptitiously targetted many elderly people and persuaded them to transfer money so that they could get a bonus amount, from the insurance company, credited to their account. With this modus operandi they minted crores.
Scared to invest in Ulips? New offerings are cheaper, transparent, some even give insurance virtually free
Wed, Sep 12, 2018
An Ulip is a combination product. It combines insurance with investment. A large part of the money you pay to the insurance company in an Ulip goes into the investment corpus, while a small portion is for insurance.
HDFC Life, Max Life working on issues raised by Irdai: Vijayan
Thu, Dec 08, 2016
"There are some issues, the companies are working on it. That is a complex issue. I won't be able to explain it," Irdai Chairman T S Vijayan told reporters on the sidelines of the Ficci Annual Health Insurance Conference when asked about hurdles to the merger.
What makes insurance companies great deal to opt for IPO?
Tue, Sep 20, 2016
By getting listed, these insurance companies can raise capital from public domain and it will help to maintain transparency in the sector, which at present is gloomy as insurance companies have no public perusal.
IRDAI issues remuneration guidelines for top executives of insurance companies
Fri, Aug 05, 2016
The guidelines cover remuneration structure such as fixed pay, perquisites, bonus, guaranteed pay, severance package, stock, pension plan, gratuity, etc.
General insurance industry premium up 14 percent to Rs 96,401 crore in FY16
Sun, Apr 17, 2016
In the financial year 2014-15, the general insurance industry had clocked a premium income of Rs 84,715 crore.