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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.......

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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

IRDAI issues draft guidelines on trade credit insurance

Based on the recommendations of a working group on revisiting guidelines on trade credit insurance, the Insurance Regulatory and Development... ...

https://economictimes.indiatimes.com/industry/banking/finance/insure/irdai-issues-draft-guidelines-on-trade-credit-insurance/articleshow/81953499.cms

IRDAI proposes regulations for designing, pricing of general insurance products

The IRDAI (General Insurance Products) Regulations, 2021, which will apply to insurance products as well as add-ons, are aimed at promoting... ...

https://economictimes.indiatimes.com/industry/banking/finance/insure/irdai-proposes-regulations-for-designing-pricing-of-general-insurance-products/articleshow/81917984.cms

Insurers can sell, renew Covid covers till Sept 30

With Covid-19 cases rising rapidly again, insurance regulator, Insurance Regulatory and Development Authority of India (IRDAI), on Wednesday... ...

https://timesofindia.indiatimes.com/india/insurers-can-sell-renew-standard-corona-policies/business/india business/insurers-can-sell-renew-standard-corona-policies/articleshow/81676662.cms

IRDAI gives life insurers six more months to issue e-policies on the back of rising cases

Furthermore, life insurers have been given extensions to obtain the customer’s e-signature for policies till 30 September 2021. The facility was... ...

https://economictimes.indiatimes.com/industry/banking/finance/insure/irdai-gives-life-insurers-six-more-months-to-issue-e-policies-on-the-back-of-rising-cases/articleshow/81655169.cms

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Irdai

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LS approves 74% FDI in insurance by voice vote

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

Pay life insurance premium in advance and get a discount

Irdai launches standard personal accident cover

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

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