Search For "insurance regulator"
Clinikk Secures IRDAI Approval, Expands with Three New Health Hubs, and La
Updated : 5 months, 3 weeks ago IST
Bengaluru (Karnataka) [India], December 17: Healthtech company Clinikk, building India's first integrated health system, has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) to operate as a composite corporate agent. The milestone allows Clinikk to p
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Insurance Amendment Bill seeks to accelerate growth of sector, improve reg
Updated : 5 months, 3 weeks ago IST
The Lok Sabha on Tuesday took up for consideration a bill that seeks to accelerate the growth and development of the insurance sector, ensure better protection of policyholders and improve ease of doing business for insurance companies
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Parliament Session: FM Sitharaman to move Amendment of Insurance Laws Bill
Updated : 5 months, 3 weeks ago IST
According to the list of business, Sitharaman will seek permission to introduce a Bill, which proposes amendments to three major legislations governing the insurance sector, the Insurance Act, 1938, the Life Insurance Corporation Act, 1956, and the Insurance Regulatory and Development Aut
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Veteran Policy-Maker & Former-IRDAI Chairman Debasish Panda Joins Pristyn
Updated : 8 months, 1 week ago IST
New Delhi [India], October 1: Mr. Debasish Panda, former Chairman of the Insurance Regulatory and Development Authority of India (IRDAI) and one of India's most respected policy leaders, has taken on the role of Senior Advisor to Pristyn Care. Recognized for his transformative contributions
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Cyberabad EOW arrests IRDAI employee for forgery, cheating and misappropri
Updated : 8 months, 1 week ago IST
The police arrested Bhaskarabhatla Suryanarayana Sastry, Assistant Manager in the General Administration department of the Insurance Regulatory and Development Authority of India (IRDAI), residing at Shaikpet, Hyderabad.
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IRDAI slaps Rs 5 crore penalty on insurance platform Policybazaar for mult
Updated : 10 months ago IST
The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a penalty of Rs 5 crore on Policybazaar Insurance Brokers for multiple violations of the Insurance Act, 1938 and related rules and regulations.
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FIU-IND and IRDAI sign MoU for enhanced coordination and information excha
Updated : 1 year, 5 months ago IST
The Financial Intelligence Unit-India (FIU-IND) and the Insurance Regulatory and Development Authority of India (IRDAI) on Monday signed a Memorandum of Understanding (MoU), the Ministry of Finance stated in a press release.
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Delhi HC dismisses PIL seeking policy documents for PMJJBY policyholders
Updated : 1 year, 6 months ago IST
The Delhi High Court on Monday dismissed a Public Interest Litigation (PIL) that sought directions to the Centre and concerned authorities to provide policy documents to all policyholders of the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), in compliance with Regulation 8(1) of the Insur
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Decoding Motor Insurance Data: Don't Just Compare Premiums, Understand Cla
Updated : 1 year, 9 months ago IST
New Delhi [India], September 3: Choosing motor insurance isn't just about finding the cheapest premium; it's about ensuring peace of mind knowing your insurer will be there when you need them most. Two key metrics, the Claims Settlement Ratio and the Claims Disposal Ratio, provide valuable
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IRDAI imposes penalty of Rs 2 Cr on HDFC Life for violating regulations
Updated : 1 year, 10 months ago IST
The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a penalty totaling Rs 2 crore on HDFC Life for violating various IRDAI regulations, the company informed the exchange in a filing.
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HDFC Life sees 100 bps hit on margins from higher surrender value
Updated : 1 year, 11 months ago IST
HDFC Life Insurance Company Limited anticipates an impact of approximately 100 basis points (on a gross basis) on the company's New Business Margin (NBM) after the insurance regulator IRDAI recently maintained surrender value on early exits by policyholders.
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IRDAI introduces "Customer Information Sheet" to simplify policy details f
Updated : 1 year, 12 months ago IST
The regulator in a release called Reforms in General Insurance Business, said these measures will be helpful to simplify the insurance sector, effectively enhancing the customer-centric insurance solutions. The reforms will help insurers in their operations, it further added.
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