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Insurance Regulatory and Development Authority of India (Irdai) News

13 Jun 2024

No Insurance Claim To Be Rejected For Lack Of Documents: IRDAI

The circular on IRDAI (Insurance Products) Regulations 2024 --General Insurance that replaces all earlier Guidelines/circulars of General Insurance Products, is applicable immediately.

12 Jun 2024

More Flexibility For Insurance Policyholders, May Cancel Policy And Get Refund

IRDAI Master Circular On General Insurance 2024: Among the several points that have been mentioned in the circular, the most flexibility has been given on cancellation of insurance policy.

Sahara India Life Insurance Company Ltd

03 Aug 2017

''Valuation of Sahara India Life only after tribunal decision''

Sahara India Life should also transfer the assets corresponding to the changes in the policyholder liabilities as on July 31, 2018 as per the valuation of insurance liabilities report prepared by the independent actuary.

31 Jul 2017

Max India cites delay, calls off Max Life-HDFC Life merger plan

"Max Financial Services (MFS), Max India and Max Life today confirmed that the proposed merger with HDFC Life has been called off. The exclusivity agreement with HDFC Life, valid till July 31, 2017, will not be renewed," Max India said in a BSE filing.

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