Summary
IRDAI has imposed a ₹1 crore penalty on ICICI Lombard General Insurance and issued advisories for compliance deficiencies, including issues with unallocated premiums and delays in free look cancellation requests.
IRDAI Imposes ₹1 Crore Penalty on ICICI Lombard General Insurance
HyperFast News
Related news
IRDAI Bars Acko General, Niva Bupa Health from Opening New Branches for Exceeding EoM Limits
19 Sept 2026, 5:15 pm · News
IRDAI Insurance Reforms Mark Milestone in Policyholder Protection, Says IBAI Chief
19 Sept 2026, 5:15 pm · News
IRDAI Approves Patanjali's Acquisition of DS Magma
19 Sept 2026, 5:15 pm · News
