# IRDAI seeks comments on credit data for insurance scores by Sept 30

2026-09-23T09:46:48+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

The Insurance Regulatory and Development Authority of India (IRDAI) has invited public comments on a discussion paper that proposes using credit data to calculate insurance risk scores, with the deadline set for 30 September. The paper also outlines plans for a public insurance registry, which NDTV Profit describes as 'an important piece of public infrastructure' that is 'overdue'. NDTV Profit's analysis flags that while the registry is welcome, the proposed risk score 'deserves scrutiny' before the paper becomes regulation. The outlet questions where the guardrails are for the use of credit data, suggesting the mechanism needs closer examination to prevent potential misuse or unintended consequences in insurance pricing. The regulator is now gathering feedback from stakeholders and the public until the September deadline, after which it may proceed to formalise the proposals into binding regulations for the insurance sector.

## Indian Opinion Analysis

NDTV Profit's coverage is neutral-report framing but with an analytical edge: it welcomes the overdue registry while drilling into the risk score's lack of guardrails. This is not a standard wire piece but a columnist's reading between the lines. The balanced take acknowledges the infrastructure benefit while pressing for scrutiny before codification. The key number to watch is 30 September, when comments close and the industry's response to the data-privacy concerns will be tested.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/personal-finance/reading-between-the-lines-irdai-paper-proposes-insurance-risk-score-drawing-on-credit-data-what-about-the-safeguards-12085595>
- ndtvprofit.com <https://www.ndtvprofit.com/personal-finance/reading-between-the-lines-irdai-paper-proposes-insurance-risk-score-drawing-on-credit-data-what-about-the-safeguards-12085595#publisher=newsstand>

Tags: credit data, insurance, IRDAI, risk score
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