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Insurance Regulatory Development 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......

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......

Religare: Sebi rejects open offer by US-based entity

Capital market regulator Sebi on Tuesday rejected the competing open offer made by the US-based entity Danny Gaekwad Developments & Investments for acquisition of Religare Enterprises Ltd (REL) as......

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......

'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......

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