28 Jun 2020


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

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.

30 Nov 2019


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.

04 Jan 2019


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.

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.

13 May 2018


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.

28 Mar 2018


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.

10 Mar 2018


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.

16 Nov 2017


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

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.

27 Jun 2017


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.

07 Aug 2016


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.