IRDAI Chairman: Insurance Costs Have Crept Back Up, and the Sector Must Go Back to Being Efficient
New Delhi, IRDAI: Insurers are not resisting the regulator's plan to change how insurance is sold in India, IRDAI Chairman...
Insurance Policy
Latest policy and regulations news and analysis from the across the globe.
Zerodha-backed Ditto Insurance co-founder flags risks from IRDAI’s reforms
NEW DELHI: Pawan Kumar Rai, co-founder of Ditto Insurance, a Zerodha-backed insurance advisory and distribution platform, has said the Insurance...
IRDAI Chairman Ajay Seth Defends Distribution Reform Paper, Says Market Reaction Reflects “Mature” Repricing
IRDAI: Insurance Regulatory and Development Authority of India (IRDAI) Chairman Ajay Seth said the regulator's newly released discussion paper on...
IRDAI Appoints Dinesh Pant, Girija Subramanian as New Members
New DELHI, IRDAI: For months, two chairs at the Insurance Regulatory and Development Authority of India's board table sat empty,...
IRDAI moves to ban ‘dark patterns’: you may soon see prices without giving your phone number
IRDAI: If you have tried to check the price of a health or term plan online, you know the routine....
Wrong Policy Sold? IRDAI Wants Agents’ Commission Taken Back
IRDAI: For most people in India, buying insurance happens across a desk, on a phone call or in a bank...
IRDAI Says Its Commission Experiment Failed. Now It Wants Caps Back
NEW DELHI: India's insurance regulator has concluded that its 2023 move to let insurers set their own commission rates backfired....
Life Insurance Commissions: IRDAI Proposes Caps Based on Premium Payment Term
Life Insurance Commissions: Suppose a policyholder pays a first-year premium of Rs 1,00,000 on a life insurance policy with a...
PB Fintech, Max Financial hit lower circuit as IRDAI proposes commission cuts; HDFC Life tanks
New Delhi, PB Fintech: Shares of PB Fintech, the parent of Policybazaar, hit the 15% lower circuit at ₹1,603 on...
IRDAI proposes zero commission on third-party motor cover for new vehicles
New Delhi: The Insurance Regulatory and Development Authority of India (IRDAI) has proposed zero commission for distribution entities on mandatory...
IRDAI Issues Consultation Paper on Insurance Distribution Reforms
IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) on Wednesday released a public consultation paper titled "Recalibrating Economics...
IRDAI Repeals Dividend Repatriation Approval Norm for Foreign-Owned Insurance Intermediaries
IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) has repealed its 2020 guidelines that required insurance intermediaries with...
IRDAI Delegates Penalty Powers To Speed up Enforcement Action Against Insurers, Agents
New Delhi, IRDAI - The Insurance Regulatory and Development Authority of India (IRDAI) has decentralised key penalty and enforcement powers...
IRDAI Commission Paper to be Directional; Extends Runway for Distributors
New Delhi, IRDAI: The Insurance Regulatory and Development Authority (IRDAI) is preparing a consultation paper on insurance commission structures that...
IRDAI Slaps Rs 1 Crore Penalty on IndusInd Bank Over Grievance Redressal Failures
IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) on September 10 imposed a penalty of Rs 1 crore...
