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Insurance Regulatory and Development Authority of India (Irdai) News
Insurance Regulatory and Development Authority of India (Irdai)
Getting spurious insurance calls, check IRDAI norms and then do this immediately
Wed, Jan 02, 2019
After getting many complaints in such cases, Insurance Regulatory and Development Authority has issued notices through newspapers and other media to create awareness among people so that they don't end up losing their money. Banks too from time to time caution consumers about such calls and ask them to immediately inform them or lodge complaint with the police.
HDFC Life Alert! Did you get these calls? Beware! Do this fast
Fri, Dec 28, 2018
If you are receiving spurious calls from unidentified persons offering you bonus or other benefits, you have to be cautious while responding to them otherwise you may invite trouble for you.
Mandatory third party insurance for vehicles to benefit consumers, insurers: Experts
Sun, Sep 16, 2018
The new guideline will contribute to higher premium income for the companies selling motor insurance. However, chinks remain as customers will be bound to make long term premium without the freedom of choice to make a switch from one insurer to another, said an industry official on the condition of anonymity.
Insurers asked to expeditiously settle claims in flood-hit Kerala
Sat, Aug 18, 2018
As rains and floods continued to wreak havoc in Kerala, insurance regulator Irdai today asked all insurance companies to set up special camps and make immediate payments against insurance claims.
Car, bike, health insurance premiums set to go up from April 1
Mon, Mar 27, 2017
As per a PTI report, the increase will be in addition to the enhanced third party motor insurance rates, which too will come into effect from April.
Non-life insurers' Feb premium up 33% at Rs 10,288 crore
Sun, Mar 12, 2017
Public sector companies April-February premium increased by 29.6% to Rs 61,096.32 crore, from Rs 47,124.95 crore.
HDFC Life-Max Life merger is a structural change: Keki Mistry
Mon, Feb 20, 2017
Commenting on the interest rate scenario, he said, "there is scope for rates to fall by 25 basis points or more. But, I can't tell you by when it will happen."
Insurance regulator issues draft guidelines for public listing
Fri, Aug 12, 2016
All general insurance companies, including the standalone health and reinsurance, shall take steps to get their shares listed on completion of eight years of operations.
Planning for IPO? IRDAI to revise guidelines soon for insurance firms
Wed, May 18, 2016
HDFC Standard Life recently announced plans to launch its Initial Public Offer (IPO).
Insurance regulator approves 16 FDI proposals worth Rs 14,592 crore
Tue, May 03, 2016
The government had notified the Indian Insurance Companies (Foreign Investment) Rules, 2015, to facilitate foreign investment in the insurance sector.