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Insurance Regulatory 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.......

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......

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......

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......

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......

Why health insurance premium growth is in slow lane

 Health insurance premium growth has slowed after touching record highs during the Covid-19 pandemic due to tapering demand from retail consumers amid affordability issues. Illustration: Dominic......

Fire, engineering insurance premiums likely to move up by 60% in 2025

 In 2025, Indian firms may face higher premiums for fire and engineering insurance covers as reinsurers are likely to revise rates due to rising claims from catastrophic events and higher loss......

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