While no formal timeline has been announced, executives said monoline and sector-specific licensing is likely to feature on ...

Insurers seek Irdai clarity on a new law barring common directorships, a move that could disrupt boards of bank-backed ...

Insurance regulator IRDAI has directed insurers to adopt the 1600-number series for all service and transactional voice calls made by them to consumers by February 15 or face action. Any complaint of ...

Addressing the third edition of the IFSCA–IRDAI–GIFT City Global Reinsurance Summit in Mumbai, Shri M. Nagaraju, Secretary, ...

IRDAI mandates AYUSH coverage for hospitalisation, OPD consultations for alternative therapies are generally excluded unless specifically offered by the insurer ...

IRDAI has tightened motor insurance claim-settlement rules, mandating transparency, board-approved policies and faster processing. Complaints have declined, AI-based assessments are being used for ...

Unexpected collisions and minor scrapes can snowball into complex paperwork if the first steps go wrong. Many of the core principles mirror the approach to third party bike insurance, yet there are ...

The new framework seeks to strike a balance between enabling business growth and preserving regulatory clarity ...

Many insurers are now facing scrutiny from the Insurance Regulatory and Development Authority of India (IRDAI) for overshooting the prescribed limits on expenses, which mainly include commissions. The ...

IRDAI working on a new draft notification for commission rules: Sources told ET Now that that the new rules are likely to be ...

New Delhi, Jan 4 (PTI) Mis-selling is a significant concern in the insurance sector, and insurers need to conduct a root cause analysis to identify the underlying causes, the regulator Irdai said in ...