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Hike in mandatory third-party motor insurance premium: Check FADA's reaction, and what consumers should know - Top points
Fri, Jun 07, 2019
With Insurance Regulatory and Development Authority of India (Irdai) increasing the mandatory third party (TP) motor insurance premium by up to 21 per cent for certain categories, car and two-wheeler insurance will cost more from June 16.
IRDAI may hike third party insurance premium for cars, two-wheelers in FY20
Wed, Jun 05, 2019
Third-party insurance premium for cars, two-wheelers and transport vehicles may go up with the regulator Insurance Regulatory and Development Authority of India (Irdai) proposing substantial increase in premium rates for the current financial year
Buying insurance product for family? Know these 3 things before purchasing
Mon, May 27, 2019
Insurance products needed by an earning member of family depends significantly on their family structure, life stage, earning potential and present situation of assets and liabilities.
Third party motor insurance premium to go up, IRDAI revises rate card
Tue, May 21, 2019
The insurance regulator has proposed to increase TP premium rates for cars below 1000 cc to Rs 2,120 from the existing Rs 1,850 for the financial year 2019-20.
Irdai proposes to increase third-party insurance premium for cars, two-wheelers
Mon, May 20, 2019
Third-party insurance premium for cars, two-wheelers and transport vehicles may go up with the regulator Irdai proposing substantial increase in premium rates for the current financial year.
Motor Market Share of 3 PSU companies declines
Wed, May 15, 2019
The Motor market shares of 3 PSU companies has declined to 5%. PSU insurance companies have written to IRDAI regarding this issue.
IRDAI clears new norms for life insurance policies, changes revival, surrender norms
Tue, May 07, 2019
The Insurance Regulatory and Development Authority of India (IRDAI) has approved new rules in the insurance sector applicable to life insurance policies.
Cyclone Fani: Irdai asks insurers to settle claims fast in disaster-hit areas
Tue, May 07, 2019
Insurance sector regulator Irdai Tuesday directed insurers to take steps for ensuring registration of all claims and quick settlement of eligible cases in cyclone-hit areas of Odisha and neighbouring states.
IRDAI asks all non-life insurance companies for a uniform standard health product
Sat, May 04, 2019
IRDAI chairman has asked all insurance companies for a uniform standard health product. watch full video to know more.
IRDAI to make some major changes in insurance policies
Wed, Apr 17, 2019
The Insurance Regulatory and Development Authority is planning to make some major changed in the insurance policies in favour of people. Watch video to know more.
Know about the New rules of Insurance companies from 1st July
Wed, Apr 10, 2019
Implementation of new rules of Insurance companies will start on 1st July
Insurance claim settlement rules: IRDAI mulls installment mode for certain policies
Sun, Apr 07, 2019
Now, the insurance regulator has come out with draft guidelines and sought comments from stakeholders.
IRDAI: Now claim settlement in installments
Wed, Apr 03, 2019
IRDAI has passsed new guidelines. Now claim settlement will also be in installments for specially Medical claim or after motor accident.
Irdai asks insures for easy crop insurance claim settlement, use of vernacular language
Mon, Mar 25, 2019
Insurance companies should put in place a robust system to register all the requests of individuals loss assessment, and if an individual loss assessment is rejected, a written rejection letter mentioning the reason should be sent to insured, Irdai said.
Await LIC proposal on IDBI Bank stake cut timeline: IRDAI
Mon, Mar 11, 2019
In IDBI Bank, LIC holds 51 per cent under a specific permission from Irdai but under the condition state-run insurance behemoth will bring the stake down.
Seeking Health Insurance Policy? Get big relief from confusing products soon
Thu, Feb 21, 2019
IRDAI Standard Health Product Guidelines: In what may provide a big relief to Health Insurance seekers, the Insurance Regulatory and Development Authority of India (IRDAI) has issued new guidelines
Irdai asked to set up core 'sandbox committee' to promote digital innovations
Sun, Feb 17, 2019
A separate working group set up by IRDAI has already examined various aspects of InsurTech and made certain recommendations in this regard.
IRDAI proposes insurers to take cognizance of the climate factor while calculating risk
Sat, Feb 09, 2019
IRDAI has proposes insurance companies to take cognizance of the climate factor while calculating risk. Watch the video to know more.
IRDAI to issue new rules for health insurances: Sources
Fri, Feb 08, 2019
Insurance Regulatory and Development Authority (IRDAI) may issue new rules for health insurances, say sources. Watch the video to know more.
LIC stake reduction in IDBI Bank: IRDAI to set timeline
Sun, Feb 03, 2019
At present, the permissible limit for an insurer to hold stake in any listed entity is 15 per cent. But LIC with special dispensation from Irdai holds more than the limit in some state-run banks.