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IRDAI mulls uniform discloser norms for listed, unlisted companies

Insurance sector regulator IRDAI is mulling to bring in uniform discloser norms for both listed and unlisted companies.

IRDA gives nod for Rs 1,500-crore nuclear liability pool

Insurance sector regulator IRDA has given in-principle approval for setting up of Rs 1,500 crore nuclear liability pool for providing risk cover to nuclear reactors.

'Rs 60K-cr investments needed for more insurance penetration'

The domestic insurance industry needs investments worth up to Rs 60,000 crore in next five years to increase the penetration levels substantially from the current 3.9 percent, Insurance Regulatory and Development Authority Chairman, T S Vijayan has said.

India has potential to be reinsurance hub for SE Asia: Irda

Given its talent pool, India has the potential to become reinsurance hub for South Asian market, Irda Chairman T S Vijayan said Friday.

Introduce 'Jan Bima Yojna' for insurance: IRDA to Govt

To increase awareness and deepen insurance penetration, Government should launch a 'Jan Bima Yojna' on the lines of a similar programme launched for banking, IRDA Chairman T S Vijayan said on Monday.

IRDA Chairman expects insurance companies to get listed

Welcoming the hike in foreign holdings in the insurance sector, IRDA (Insurance Regulatory and Development Authority Chairman T S Vijayan today expressed the hope that the move would finally enable companies to enter capital markets.

'Multiple policies for basic cover affecting insurance spread'

A single comprehensive policy covering basic insurance requirements like life and health will help penetration of insurance products as multiple policies for various covers are cumbersome, Irda chief T S Vijayan said today.

New India launches combination product for lower income groups

Largest general insurer New India Assurance on Monday said it has come up with a combination product for lower income groups that will have life, medical and accident covers among others.

Insurance biz in India may touch Rs 4 lakh cr in FY14: IRDA

Insurance watchdog IRDA Tuesday said it estimates the insurance business in India to touch Rs 4 lakh crore in the current fiscal.

IRDA for banks selling products of multiple insurers

Insurance regulator IRDA on Wednesday indicated favouring banks to sell products of multiple insurance companies as the move would help deepen insurance penetration in the country.

T S Vijayan takes over as IRDA chief

Former LIC chief T S Vijayan Thursday took over as the chairman of the Insurance Regulatory and Development Authority (IRDA).

T S Vijayan tipped to be next IRDA chief

Former LIC chief T S Vijayan is likely to be the next chairman of the Insurance Regulatory and Development Authority (IRDA).