News for ' Insurance And Regulatory And Development Authority Of India'

The devastating Air India 171 plane crash, which claimed 241 lives on board and 29 on the ground, has created an unforeseen challenge for insurance companies to settle some claims where even the...

From hotel booking cancellations to loss of baggage, and from accidental death coverage to trip plan withdrawals, insurance companies have received a range of claims from the kin of the Ahmedabad...

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....

Kindly note that this image has been posted only for representational purposes. Photograph: ANI Photo   The government on Monday introduced in Parliament a Bill that seeks to finally open up the...

'Marathwada is the suicide capital of Maharashtra.''To stop such man-made disasters, the government should immediately come up with a rightful package, not this charitable approach to...

The Union Cabinet on Friday approved 100 per cent foreign direct investment (FDI) in the insurance sector, a move that was welcomed by industry as it would help attract more capital and global...

Following the notification allowing 100 per cent foreign direct investment (FDI) in the insurance sector, the finance ministry has revised norms to remove the requirement that a majority of...

The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has recommended capping distributor commissions or deferring them to ease...

Sebi is working with other regulators to expand the CAS framework. Illustration: Dominic Xavier/Rediff   India's banking, financial services and insurance (BFSI) consumers may soon be able to...

The insurance industry is trying to get to grips with provisions in the proposed Insurance Amendment Bill, which gives additional powers to the Insurance Regulatory and Development Authority of...