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Insurance Regulator Development Authority Of India

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IRDAI removes age limits on health insurance, huge relief for seniors

The Insurance Regulatory and Development Authority of India has removed the age cap on buying health insurance policies, effective from April 1, 2024. Image used for representational purpose only.......

The Menace Of Illegal Constructions

As we brace for unprecedented rates of urbanisation, it is crucial to ensure that illegal constructions and unauthorised land use are curbed, asserts Amit Kapoor. IMAGE: National Disaster Response......

India-US joint statement puts trade at heart of enhanced ties

India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for......

Will Odisha Show Faith In Naveen Patnaik Again?

The 78-year-old Naveen is on the cusp of creating history. He must win the forthcoming assembly polls to become India's longest-serving chief minister, a record held by Sikkim's Pawan Kumar......

An insurer can now effectively manage market volatility

The Insurance Regulatory and Development Authority of India’s (Irdai’s) decision to allow insurers to hedge risks through equity derivatives will help them manage market volatility and......

Irdai seeks IPO road map from 10 insurers

The Insurance Regulatory and Development Authority of India (Irdai) has asked at least 10 general and life insurance companies to submit a detailed road map for their listing strategies by the end......

Can Insurers Invest In Bima Sugam India?

'Investment by insurers in the Bima Sugam India Federation is illegal as it is a private limited company.' Illustration: Uttam Ghosh/Rediff.com   Questions are raised by insurance industry......

'How Can IRDAI Ask Insurers To Invest In Bima Sugam?'

'It is imprudent on the part of Indian insurance companies to invest out of the shareholders' fund in a private limited company.' IMAGE: Debasish Panda, chairman, Irdai. Photograph: ANI Photo......

Insurance Broker Fined Rs 1 Crore

According to IRDAI, Marsh India had held the premium received from the clients in an Insurance Bank Account for more than 15 days and did not remit the premium to the insurer/reinsurer within the......

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