Irdai News

भारतीय बीमा विनियामक और विकास प्राधिकरण (आईआरडीएआई) ने 88 साल के बुजुर्ग को पॉलिसी बेचने के मामले में केनरा एचएसबीसी लाइफ इंश्योरेंस कंपनी पर एक करोड़ रुपये का

IRDAI has imposed a ₹1 crore penalty on Canara HSBC Life for mis-selling an insurance policy to an 88-year-old individual. The regulatory body initiated proceed

IndusInd Bank has been fined ₹1 crore by IRDAI for violating corporate agent norms, following an onsite inspection in June 2023.

IRDAI imposed a ₹1 crore fine on Canara HSBC for mis-selling insurance to an 88-year-old, citing multiple failures. The regulator highlighted shortcomings in pr

IRDAI has fined a bank ₹1 crore over insurance grievances.

Canara HSBC Life Insurance Company has been fined ₹1 crore by IRDAI for mis-selling a deferred annuity policy to an 88-year-old individual through Canara Bank.

Life insurers are requesting that Irdai rework its expense cap rules, arguing that current product-specific limits hinder their ability to invest in growth area

Eleven insurers have begun their transition to Ind AS from FY27, with the IRDAI closely monitoring the remaining insurers scheduled to adopt the standard from F

IRDAI has issued a warning to policyholders about a fraudulent website impersonating its Bima Bharosa insurance grievance platform. The regulator advises consum

IRDAI has imposed a ₹1 crore penalty on ICICI Lombard General Insurance and issued advisories for compliance deficiencies, including issues with unallocated pre

Indian insurers are advocating for greater flexibility in using equity derivatives for portfolio hedging, including the aggregation of exposure across multiple

The Insurance Regulatory and Development Authority of India (Irdai) has imposed a ₹1 crore penalty on ICICI Lombard General Insurance. The fine was levied due t

Private insurers are requesting Irdai to modify proposed investment regulations for unlisted companies, suggesting that exposure limits be tied to shareholders'

इरडा ने 'पब्लिक इंश्योरेंस रजिस्ट्री' बनाने का प्रस्ताव दिया है, जिससे ग्राहकों को अपनी सभी बीमा पॉलिसियों की जानकारी एक ही डिजिटल प्लेटफॉर्म पर मिल सकेगी।

Non-life insurers are considering implementing a minimum rate for the natural catastrophe component of fire insurance to address concerns about steep discounts

IRDAI has initiated a consultation process for the establishment of a Public Insurance Registry, which is seen as a crucial step for the future of the insurance

India's insurance regulator, IRDAI, is proposing a Public Insurance Registry to create a digital infrastructure for data sharing among insurers, intermediaries,

An IRDAI panel is advocating for simpler, more transparent, and user-friendly health insurance policies.

IRDAI has permitted insurers to invest in New Development Bank's Maharajah INR Bonds following a representation from NDB. The proceeds from these bonds will be

Fire insurance premiums fell by 28% in the first quarter of the financial year due to aggressive discounting on large industrial risks. This trend has led to co

IRDAI has barred life insurers Pramerica and Edelweiss from opening new branches for six months due to their failure to stay within prescribed Expense of Manage

Niva Bupa and Acko General Insurance have been barred by IRDAI from opening new places of business for six months due to exceeding allowable expense limits. Niv

IRDAI has barred Niva Bupa from opening new branches for six months following an inquiry into the insurer's expenses for FY 2024-25.

IRDAI has barred Niva Bupa Health Insurance from opening new offices for six months due to its failure to meet expense management limits for the 2024-25 financi