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IRDA
IRDA News
Robotic surgery
18 Dec 2020
Robotic surgery to be included now in your health insurance cover
(IRDA) has suggested insurance companies to include robotics surgery in health insurance. With the inclusion of robotic surgery in health insurance, Indian patients will be able to get the surgery performed in the country, rather than travelling abroad. The trend of robotic surgery has increased over the past few years.
IRDA
11 Dec 2020
Insurance cover now more affordable for two wheeler, car owners
Decision pursuant to SC decision. Long-term insurance package cover from September 2018. General insurers asked to provide two options to choose from.
IRDA
19 Nov 2020
Irdai asks insurers to transfer unclaimed deposits for over 10 years to SCWF
Irdai asked insurers to follow accounting procedure. This as per notification dated December 2017. All insurer to comply to the SCWF Rules, 2016 every year.
Coronavirus
24 Mar 2020
COVID-19: Insurers to provide 1-month grace period for renewal premium payment
In case of life insurance policies, there is a grace period for payment of renewal premiums, it said, and added insurers have been asked to enhance the grace period by additional 30 days if desired by the policyholders.
Exclusion illness
17 Apr 2019
Exclusion illness, diseases to come under health insurance cover
After the announcement of the new medicaim policy, Insurance companies will have to include maximum diseases and ailments in the policy cover.
auto insurance
03 Dec 2018
'Black-box' in cars likely to study your driving, determine insurance premiums
The telematics will be used to monitor driving habits, vehicle usage and even distances covered, to ascertain the insurance premium of cars.
New broker regulations
24 Jan 2018
New broker regulations would be out any time: IRDA
The new regulations would help brokers.
Reliance Capital
26 Sep 2017
Reliance Capital to setup standalone health insurance firm
"We expect to become operational beginning early next year," Ambani said while addressing shareholders during the company`s annual general meeting held here.
national insurance company
17 Sep 2017
National Insurance expects up to Rs 5,000 cr from IPO
Non-life PSU insurer National Insurance Company (NIC) is expecting to receive between Rs 4,000 crore and Rs 5,000 crore from the proceeds of its planned public offer, industry sources said.
Andhra Pradesh
03 Apr 2017
Andhra Pradesh: Truckers intensify strike in Telangana
Truckers in Telangana and Andhra Pradesh intensified their strike on the fifth day on Monday, staging protests to press their demands.
Employees State Insurance Corp
16 Oct 2016
Soon, Employees State Insurance not compulsory for workers, can chose other insurance options
Over 2 crore formal sector workers will soon have an option to choose health insurance products available in the market in lieu of the mandatory scheme run by the Employees State Insurance Corp (ESIC).
FDI in insurance
18 Mar 2016
Govt allows 49% FDI in insurance under automatic route
Seeking to attract more foreign investment, the government has relaxed FDI norms for insurance sector by permitting overseas companies to buy 49 percent stake in domestic insurers without prior approval.
Bajaj Allianz Life Insurance
16 Mar 2016
Bajaj Allianz eyes new biz of Rs 3,000 crore in FY16
Bajaj Allianz Life Insurance today said it is aiming Rs 3,000-crore new business in the ongoing fiscal and will focus on increasing its individual business to 50 percent.
Bajaj Allianz Life Insurance
16 Mar 2016
Bajaj Allianz eyes new biz of Rs 3,000 crore in FY16
Bajaj Allianz Life Insurance today said it is aiming Rs 3,000-crore new business in the ongoing fiscal and will focus on increasing its individual business to 50 percent.
IRDA
06 Mar 2016
Motor insurance premium to be costly by 20% to 30% from April 1
Zee News
22 Jan 2016
Pay less health insurance renewal premium if your are fit
State Bank of India
25 Sep 2015
Import of pulses
Even though Irda has allowed banks to tie-up with three insurers from each segment of life, non-life and health to sell their products, State Bank of India has said it will only market schemes of its subsidiaries.
IRDA
06 Jul 2015
IRDA slaps fine of Rs 10 lakh on Tata AIA Life Insurance
Insurance regulator IRDA Monday imposed a fine of Rs 10 lakh on Tata AIA Life Insurance for violation of excess payment to corporate agents.
Life insurance
05 Jul 2015
Life insurance body apprehends PMJJBY viability
Apex body of life insurers, Life Insurance Council is working hard towards making the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) attractive for its member companies apprehending its viability under the present pricing policy.
insurance regulator
29 May 2015
IRDA issues norms for safekeeping of electronic data
Insurance regulator IRDA on Friday asked insurers to preserve all policies in electronic format and issued norms for maintaining and safe keeping of all e-records.
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