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LS approves 74% FDI in insurance by voice vote

A bill to increase foreign direct investment (FDI) in the insurance sector from 49 per cent to 74 per cent was approved by Parliament with the Lok Sabha giving green signal to the legislation by a......

RS okays 74% FDI in insurance; majority of directors to be Indians, says FM

The Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent, with Finance Minister Nirmala Sitharaman saying while control will go to......

Pay life insurance premium in advance and get a discount

The discount should be equal to interest rates on savings bank account deposit of State Bank of India. Illustration: Uttam Ghosh/Rediff.com Soon, you can pay your insurance renewal premium in......

Irdai launches standard personal accident cover

The product, named Saral Suraksha Bima, will have a maximum sum assured of Rs 1 crore and minimum Rs 2.5 lakh. Illustration: Dominic Xavier/Rediff.com The insurance regulator has come out with a......

Growth in health insurance segment slows as fear of Covid-19 subsides

Irdai had introduced two Covid specific products in the market — Corona Kavach and Corona Rakshak — that saw huge acceptance among the consumers as these products had lower premiums.......
  Web results for Irdai
FM asks IRDAI to act against insurers for denying cashless claims

"Reports are being received of some hospitals denying cashless insurance. Spoken to Chairman, IRDAI Shri SC Khuntia to act immediately. In March'20... ...

https://economictimes.indiatimes.com/industry/banking/finance/insure/fm-asks-irdai-to-act-against-insurers-for-denying-cashless-claims/articleshow/82201755.cms
SBI, Nestle India, KEC International

Nestle India has reported a 14.6 per cent growth in March quarter net profit at Rs 602.2 crore The domestic stock markets are likely to open in the... ...

https://www.ndtv.com/business/stocks-to-watch-in-trade-in-todays-session-april-22-2021-sbi-nestle-india-kec-international-2419201
HC raps IRDAI for turning blind eye to non-implementation of Mental Healthcare law

The court's observations came while hearing a woman's plea whose claim for reimbursement of costs for treatment of schizophrenia were rejected by... ...

https://economictimes.indiatimes.com/wealth/personal-finance-news/hc-raps-irdai-for-turning-blind-eye-to-non-implementation-of-mental-healthcare-law/articleshow/82174293.cms
Irdai slaps Rs 17 lakh fine on Future Generali for violating certain regulations

The penalty has been slapped on the insurer post an on-site inspection by the Insurance Regulatory and Development Authority of India (Irdai)... ...

https://economictimes.indiatimes.com/industry/banking/finance/insure/irdai-slaps-rs-17-lakh-fine-on-future-generali-for-violating-certain-regulations/articleshow/82036400.cms
Irdai tweaks AIF rules for insurance companies

Insurance companies have been allowed by their regulator to invest in ‘fund of funds’ provided such funds are not utilized by an Alternate... ...

https://timesofindia.indiatimes.com/business/india-business/irdai-tweaks-aif-rules-for-insurance-cos/articleshow/81994662.cms

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