Articles about IRDAI

Sell standardized COVID-19 policies: IRDAI to insurance companies

28 Jun 2020

Business
Sell standardized COVID-19 policies: IRDAI to insurance companies

As the number of COVID-19 cases continues to surge, the national insurance regulator is pushing standardized policies to help people protect themselves from the deadly disease.

SC notice to Centre, IRDAI over insurance for mental illnesses

16 Jun 2020

India
SC notice to Centre, IRDAI over insurance for mental illnesses

The Supreme Court on Tuesday sent notices to the Centre and the Insurance Regulatory Development Authority of India (IRDAI) on a plea seeking financial cover for mental illnesses.

#LockdownRelaxation: Industries which will be operational from April 20

20 Apr 2020

Business
#LockdownRelaxation: Industries which will be operational from April 20

India entered the second phase of the coronavirus-enforced lockdown on April 15, after Prime Minister Narendra Modi announced the extension of the nationwide lockdown till May 3 to contain the spread of the deadly COVID-19.

Online insurance provider Acko raises $16 million from Ascent Capital

30 Nov 2019

Business
Online insurance provider Acko raises $16 million from Ascent Capital

Mumbai-based insurance-tech start-up Acko General Insurance, a digital first platform which primarily offers two-wheeler and four-wheeler insurance, has raised $16 million in funding from Ascent Capital.

Railway ticketing, Aadhaar, GST, more: Major policy changes in 2019

04 Jan 2019

India
Railway ticketing, Aadhaar, GST, more: Major policy changes in 2019

Apart from celebrating endings and beginnings, and cooking life-amending resolutions, New year is also a good time to look ahead for official policy changes taking place in the coming year.

Important changes in 2019 every Indian should be aware of

02 Jan 2019

India
Important changes in 2019 every Indian should be aware of

The New Year 2019 is finally here and it is now time to know what changes this year brings to our lives.

IRDAI hikes insurance cover for motor owner-driver to Rs. 15L

23 Sep 2018

India
IRDAI hikes insurance cover for motor owner-driver to Rs. 15L

All car and bike owners will now get a personal accident cover of Rs. 15 lakh for an annual premium of Rs. 750 as the Insurance Regulatory and Development Authority of India (IRDAI) has raised the minimum insurance cover.

Insurance money worth Rs. 15,167cr lying unclaimed with firms

29 Jul 2018

India
Insurance money worth Rs. 15,167cr lying unclaimed with firms

Twenty-three life insurers in India are sitting on unclaimed insurance money of as much as Rs. 15,167cr, with Life Insurance Corporation (LIC) accounting for the lion's share.

#FinancialBytes: How to port your health insurance

21 Jun 2018

Business
#FinancialBytes: How to port your health insurance

Are you unhappy with your health insurer? Well, then you do have an option to port your health insurance to another insurer, which can offer you better facilities.

Lakhs of trucks go off roads, food prices might increase

18 Jun 2018

India
Lakhs of trucks go off roads, food prices might increase

About 90L trucks are expected to go off the roads in India today as owners and operators began an indefinite strike, said Channa Reddy, president of the All India Confederation of Goods Vehicle Owners' Associations.

BSE seeks US regulator nod for its India International Exchange

13 May 2018

Business
BSE seeks US regulator nod for its India International Exchange

Asia's oldest bourse BSE is planning to seek US regulator's nod for holding the status of Foreign Board of Trade (FBT) for its India International Exchange in GIFT city in Gujarat.

Bengaluru: 'Newborn' redefined, more insurance benefits for neonatal ICU kids

28 Mar 2018

Bengaluru
Bengaluru: 'Newborn' redefined, more insurance benefits for neonatal ICU kids

The increasing need for neonatal care has given way to a new definition of 'newborn' by the IRDA.

Despite relief from SC, Aadhaar still mandatory for income-tax returns

22 Mar 2018

India
Despite relief from SC, Aadhaar still mandatory for income-tax returns

It has been 10 days since the SC indefinitely extended the deadline for linking Aadhaar to various services, but the Income Tax (I-T) website continues to grossly violate laws.

Motor vehicle third-party insurance premiums to get cheaper

10 Mar 2018

Business
Motor vehicle third-party insurance premiums to get cheaper

Vehicle owners might be in for some good news as a proposal to lower premiums for the mandatory motor vehicle third-party (TP) insurance cover has been put into place.

Aadhaar-insurance policy linking: Deadline, process, consequences and more

16 Nov 2017

India
Aadhaar-insurance policy linking: Deadline, process, consequences and more

The IRDAI (Insurance Regulatory and Development Authority of India) recently announced that linking Aadhaar to insurance policies, both general and life, is mandatory.

Investing in stocks: Know your investment options

09 Sep 2017

Business
Investing in stocks: Know your investment options

People's decision to invest in stock markets are largely affected by misconceptions about the stock market, a lack of adequate information, and a limited amount of funds.

Investing in stocks: Know your investment options

13 Aug 2017

Business
Investing in stocks: Know your investment options

People's decision to invest in stock markets are largely affected by misconceptions about the stock market, a lack of adequate information, and a limited amount of funds.

HDFC Life, Max rejig merger plans after IRDA's cancellation

27 Jun 2017

Business
HDFC Life, Max rejig merger plans after IRDA's cancellation

Post Insurance Regulatory and Development Authority of India (IRDA) rejection of HDFC Life Insurance Co. Ltd and Max Life Insurance Co. Ltd's three-step union, the two firms have extended their merger deadline and have come up with a new structure in compliance with all norms.

HDFC and Max to merge their life insurance businesses

10 Aug 2016

Business
HDFC and Max to merge their life insurance businesses

HDFC and Max Group announced the merger deal of their life insurance businesses.

IRDA issues remuneration guidelines; caps CEO's salary at Rs.1.5 cr

07 Aug 2016

Business
IRDA issues remuneration guidelines; caps CEO's salary at Rs.1.5 cr

In a first, the Insurance Regulatory and Development Authority (IRDA) of India issued remuneration guidelines for non-executive and managing directors at insurance companies.