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
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
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
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
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.
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.
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.
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
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
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.
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.
The Insurance Regulatory and Development Authority of India (IRDAI) has directed the insurance companies to settle the cashless claims within one hour of hospital admission and the claim settlement with three hours of hospital discharge.