The Latest Breaking News from IRDAI

Expedite survey, claim settlement related to Sikkim floods, IRDAI urges general insurers

Insurers urged to expedite survey, disburse payments for Sikkim flood claims. IRDAI advises mobilising resources, setting up special claims desk, encouraging electronic communication for expeditious settlement.

The Hindu · Oct 19, 2023

Finance Ministry seeks applications for post of whole-time member at IRDAI

Finance Ministry invites applications for IRDAI Whole-Time Member (Distribution). Must have 25+ yrs exp. & min. 3 yrs at senior level. Last date for applications: Oct. 30, 2023. Salary: Rs. 4 lakh/month. Age limit: 60 yrs. No person can hold office after 62 yrs. Led by Chairman Panda & 5…

The Hindu · Sep 18, 2023

Morning Digest | From one eruption to another, day and night spread equal dread in Manipur; Railways to review operations on safety of trains, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

The Hindu · Jun 18, 2023

IRDAI asks insurance companies to lay down social media guidelines for employees

IRDAI further said any personal Internet posting or communication which implies that you work for an organisation must include a simple and visible disclaimer.

The Hindu · Apr 30, 2023

Mental Health Insurance: IRDAI asks insurers to cover mental health; here's what you should know

Incidences of mental health issues have risen post COVID. The pandemic is said to have had a tremendous impact on the mental well being of people. Several efforts are being done at various levels to address this issue.

The Times of India · Nov 16, 2022

Life insurers' new business premium up 17% at Rs 36,367 crore in September: Irdai

NEW DELHI: The new business premium income of domestic life insurance companies rose by 17.3 per cent to Rs 36,366.53 crore in September of this fiscal year, data from Irdai showed on Tuesday.

The Times of India · Oct 11, 2022

LIC keen to re-enter mediclaim segment, awaiting regulatory clarity: Chairman

Recently, the new IRDAI Chairman Debasish Panda had said it was time life insurers re-entered the health vertical

The Hindu · Aug 14, 2022

Irdai allows life insurers to launch products without prior approval

NEW DELHI: Irdai on Friday extended the 'use and file' procedure for the most of the life insurance products, thereby allowing insurers to launch new products without prior approval of the regulator.

The Times of India · Jun 10, 2022

Life insurance products can be launched without prior approval: IRDAI

This comes days after the insurance sector regulator extended similar relaxations to health insurance products as well as general insurance covers

The Hindu · Jun 10, 2022

Irdai asking insurance companies to go for listing to raise capital: Chairman

MUMBAI: Insurance Regulatory and Development Authority of India (Irdai) has asked insurance companies to go for listing to improve their access to capital, its chairman Debasish Panda said on Thursday.

The Times of India · Apr 7, 2022