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Saturday, May 25, 2013 
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Health insurance policy portability from July 1


In a big relief to dissatisfied health insurance policy holders, sectoral regulator Irda on Thursday...

`Insurers cannot refuse cashless cover to patients`


Medical policy holders undergoing treatment can continue to enjoy cashless benefit even if the hos...

Help provide cashless facilities: Delhi HC to IRDA


Delhi HC has asked IRDA to make some arrangement to provide cashless facilities to policyholders in ...

Draft norms on health insurance policies soon: IRDA


Insurance regulator IRDA today said that it will soon come out with draft norms that define terms ...

ULIP policies must come with life cover: IRDA


Insurance regulator IRDA, locked in a turf war with capital market watchdog SEBI over regulation of ...

IRDA asks insurers to disclose ULIP commission


Insurance regulator IRDA has asked life insurers to disclose the commission paid to agents for unit-...

SEBI order on ULIP on hold; both regulators to go to court


SEBI & IRDA have agreed to maintain status quo that existed before market regulator`s ban on 14 ULIP...

`Insurance firms can move court against ban`


IRDA said 14 private insurance companies banned from issuing ULIPs can move court against the SEBI b...

Life policies could soon become paperless


Life insurance policy holders may not be required to keep paper records of their policies once the p...

Life insurers add 13 lakh agents during 2008-09


Life insurance companies have appointed around 13 lakh agents during 2008-09 despite the sector goin...

Mumbai terror attacks may cost insurers Rs 500 crore


Insurance claims arising out of the Mumbai terror attacks in 2008 are estimated to wipe out about Rs...

IPO guidelines within 15 days: IRDA


IRDA will come with initial public offer guidelines for the insurance sector within a fortnight to a...

Insurance firms can offer annuity products without life cover: IRDA


Insurance regulator, IRDA today said life insurance companies offering annuity products without li...

IRDA allows companies to offer life-cum-health insurance cover


Insurance regulator IRDA on Wednesday allowed insurance companies to offer `Health plus Life Combi ...

IRDA mulls Rs 1.5cr cap on CEO annual salary


Insurance regulator IRDA is mulling to put a cap of Rs 1.5 crore on the annnual salary of Chief Exec...

IRDA mulls allowing life insurers to invest in derivatives


Insurance regulator IRDA is considering allowing life insurers to invest part of policy holders` m...

IRDA asks life insurers for details on health policies


Insurance regulator IRDA on Friday asked all life insurers to give detailed information of their h...

IRDA issues norms to check terror funding


Insurance regulator IRDA has asked insurance companies to cease the policies of persons whose identi...

Insurance Ind records 11.35% growth in premium income in H1


The insurance industry overall has registered a growth of 11.35 percent in premium collection at Rs ...

IRDA constitutes Insurance Information Bureau


Insurance regulator IRDA on Friday constituted an Insurance Information Bureau (IIB) to provide reli...

IRDA plans to allow banks to tie up with 2-3 insurance cos


Insurance sector regulator IRDA is considering whether to allow banks to tie-up with two-to-three ...

Disclosure norms for insurance cos next week: IRDA


With few insurers showing interest in tapping the capital market, insurance regulator IRDA on Wednes...

Valuation norms for insurance cos soon: IRDA chief


Insurance regulator IRDA will come out with standardised method for valuation of insurance companies...

IRDA asks insurers to tie-up with agents for atleast 3yrs


In order to protect the interest of policyholders from agents or corporate agents switching from one...

IPO guideline for insurance companies by Oct: IRDA


Insurance sector regulator IRDA on Monday said it is likely to come out with initial public offer (I...

Disclosure norms for insurance companies soon: IRDA


Insurance regulator IRDA would soon announce disclosure norms for insurers wanting to raise money ...

IRDA tightens anti-money laundering norms for insurance cos


Insurance regulator IRDA on Tuesday tightened the anti-money laundering guidelines by asking the i...

Life insurers welcome IRDA move to remove mortality charges


Life insurance companies today welcomed the IRDA`s move to remove mortality charges from `cap on c...

No surrender charge from 5th policy year: IRDA


Insurance regulator IRDA on Thursday asked life insurers not to levy any charge on customers if they...

IRDA sets rules for corporate governance for insurers


Insurance regulator IRDA is ready with the final guidelines on corporate governance for the sector...

IRDA prescribes 5-yr lock-in for promoters of insurance firms


Promoters of insurance companies would have a lock-in period of 5 years, insurance regulator IRDA ...

IRDA issues final guidelines on corp governance for ins sector


Insurance regulator, IRDA, issued its final guidelines on corporate governance for the insurance s...

IRDA to finalise mergers and acquisition guidelines soon


Insurance Regulatory and Development Authority on Friday said it is likely to finalise mergers and a...

IRDA caps charges for ULIPs


IRDA has put a cap on overall charges that life insurance cos can levy on subscribers of their ULIPS...