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Latest Articles in IRDAI

DHFL Bankruptcy: IRDAI Rules Out Troubles For Two Insurance Arms

As of September, DHFL Pramerica Life's solvency ratio stood at 388 per cent and that of DHFL General Insurance at 230 per cent.

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IRDAI Approves True North's Stake Purchase In Max Bupa Health Insurance

Bupa, the existing joint venture partner in Max Bupa, remains committed to the joint venture and will continue to play an active role.

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8 Endowment Plan Features: De-Jargonized!

Here are a few of the most relevant features of your traditional (or “non-linked”) Life Insurance plan, minus the jargon.

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BSE-Ebix Get IRDAI Approval To Sell Life And Non-Life Insurance Products

The venture, branded as BSE-Ebix Broking Insurance Broking Pvt Ltd, will enable distribution outlets, wealth management advisors, point of sales (POSs) to sell life and non-life insurance products.

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IRDAI Asks Insurers To Provide 60-days Grace Period For Health Insurance Premium

Insurance regulator IRDAI has asked insurers to give a grace period of 60-days for payment of premium in respect of all health insurance policies in flood affected kerala and parts of Karnataka

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IRDAI Makes Long-Term 3rd-Party Insurance Mandatory; Car, Bike To Cost More From September 1

Following a supreme court order, IRDAI makes it compulsory for all general insurers to issue a 3 year third-party insurance cover for new cars and 5 year third-party insurance cover for new two-wheelers.

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Linking Aadhaar With Insurance Policies Mandatory

"The Authority clarifies that linkage of Aadhaar number to Insurance Policies is mandatory under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017," IRDAI

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SBI Life To Open Bahrain Branch By December

The company has received the requisite approvals from the Central Bank of Bahrain and the Indian regulator IRDAI

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Subrata Roy Meets Irdai Chief On Sahara Life; ICICI Prudential

Last month, the Irdai appointed an administrator to run the crippled Lucknow-based Sahara Life due to governance- related issues at the company

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General Insurers Begin FY18 On Strong Note,Q1 Premia Jumps 22%

Having crossed Rs 1.27 trillion in fiscal 2017, the industry is now eyeing to clock Rs 1.5 trillion business in the current fiscal.

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How To Ensure That Your Company Is Safe From Cyber Attacks?

IT Framework Issued By Indian Regulators to build company firewalls against cyber attacks

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IFFCO Divests 21.64 % Stake Of IFFCO-TOKIO To JV Partner Tokio Marine

Upon acquisition of 23% stake in IFFCO-TOKIO for Rs 2,530 crores, the shareholding of TM Asia will increase from 26% to 49%

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Surrender Or Paid Up: Which One Makes More Sense?

It's sensible to make your traditional policy 'paid up' instead of surrendering it altogether

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The Persistency Problem

The Persistency of an Insurer's book is quite likely it's most critical industry business parameter. Every stakeholder in the Life Insurance ecosystem is affected by it. Clients who do not renew their policies will end up forfeiting all, or most, of the premiums already paid, resulting in a direct and tangible financial loss for them

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Make Claim Settlement Easy For Your Loved Ones

Falsifying details about your age, income, medical history, or family medical history can result in a claim declination later

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