Insurance regulator Irdai chairman Ajay Seth has proposed a public register to trace every policy to the person who sold it, so a seller's record follows him across employers. Speaking at the…
Health insurance portability lets you switch insurers without losing waiting period credits or no-claim bonuses. But Livemint reports that agents are misusing this IRDAI-introduced rule to earn commissions, pushing switches that may…
The Insurance Regulatory and Development Authority of India (IRDAI) has ordered all insurers, except reinsurers, to submit monthly data on premium income, investment income and claims paid for the Index of Service…
A parliamentary committee has recommended that IRDAI fast-track the risk-based capital framework, according to The Hindu Business Line. The Committee on Public Undertakings, in a report tabled on August 6, also urged…
IRDAI has notified the Insurance Intermediaries (Amendment) Regulations, 2026, making it mandatory to tag every insurance policy to the individual salesperson who sold it. The regulator has also replaced periodic licence renewals…
The Insurance Regulatory and Development Authority of India has directed insurers to expedite claims from flood-hit Sivasagar, Charaideo, Jorhat and Golaghat districts in Assam. Heavy rain caused loss of life and damage…
The Supreme Court has asked the Ministry of Road Transport and Highways and IRDAI to develop a pilot linking fuel sales to valid third-party motor insurance. Petrol pumps could deny fuel to…
Life Insurance Corporation of India reported a standalone net profit of Rs 13,492 crore for the June quarter, up 22.8% from a year earlier. Total premium income rose 6.8% to Rs 1,27,250…
