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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......

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......

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......

'Should end fourth quarter on a robust note'

'We have opened 100 branches in the last one and a half years. Our manpower is also in place.' Photograph: Kind courtesy HDFC Life Insurance The new surrender value norms, which came into effect......

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......

More the merrier? A tale of multiple self-regulatory organisations

Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform......

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