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Sunday, December 22, 2024 | 08:10 PM ISTEN Hindi

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Page 4 - Latest Updates on IRDAI

Irdai to meet insurers today on Bima Sugam, 'Cashless Everywhere'

Sources said the regulator is likely to discuss the appointment of a CEO for Bima Sugam

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Updated On : 06 Jun 2024 | 12:23 AM IST

IRDAI asks insurers to approve cashless claim in 3 hours: Check all changes

Insurer will be responsible for covering additional charges levied by hospital if the deadline is not met, says IRDAI

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Updated On : 30 May 2024 | 2:32 PM IST

Irdai mandates health insurers to decide on cashless claims within 1 hour

Regulator Irdai on Wednesday released a master circular on health insurance specifying that an insurer will have to decide on cashless authorization within one hour of request.

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Updated On : 29 May 2024 | 8:31 PM IST

Noida-based Paytm General Insurance withdraws application with Irdai

The company will focus on its insurance distribution portfolio, moving away from making insurance products

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Updated On : 26 May 2024 | 1:58 PM IST

Mahindra Finance gets IRDAI nod to sell insurance as corporate agent

The process would augment the company's existing sources of revenue and profits as it would deploy its common infrastructure of branch network and feet on street

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Updated On : 22 May 2024 | 3:43 PM IST

Hinduja led IIHL gets Irdai's nod for acquisition of Reliance Capital

The approval is subject to certain 'regulatory, statutory, and judicial' clearances/compliances, says IIHL spokesperson

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Updated On : 11 May 2024 | 5:44 PM IST

Irdai asks insurers to compulsorily meet rural, social sector obligations

All life insurers shall ensure a minimum percentage of lives in identified and allocated gram panchayat, the master circular on rural, social sector and motor third party obligation said

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Updated On : 10 May 2024 | 11:39 PM IST

Irdai imposes a fine of Rs 1 crore on IPO-bound Go Digit Insurance

According to recent general insurance council data, the company had a gross written premium (GWP) of Rs 7,941.1 cr in FY24

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Updated On : 07 May 2024 | 9:46 PM IST

Pricing key challenge for health insurance of older citizens: Experts

Most companies had an internal policy which did not allow them to sell health insurance products to persons of more than 65 years

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Updated On : 23 Apr 2024 | 12:08 AM IST

Irdai removes age limit of 65 yrs for buying health insurance policies

Insurers have been mandated to offer health policies to individuals with pre-existing medical conditions of any kind

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Updated On : 21 Apr 2024 | 2:47 PM IST

Early in the tenure of non-linked policy you don't like? Surrender it

But if you have held it for long, run the numbers; continuing may be prudent

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Updated On : 14 Apr 2024 | 8:37 PM IST

Red Sea crisis: RBI, Irdai called in to help limit impact on Indian exports

The Ministry of Finance urged these entities to monitor disruptions that could potentially drive up India's export expenses

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Updated On : 11 Apr 2024 | 11:10 AM IST

Irdai raises concern over Hinduja Group-led IIHL's bid for Reliance Capital

The regulator has sought clarification regarding equity capital that IIHL, the proposed buyer of insolvent Reliance Capital is willing to put in

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Updated On : 07 Apr 2024 | 4:32 PM IST

Loan against insurance, minding mental health: Top personal finance stories

Our top stories this week tell you about the pros and cons of using your life policy as collateral and what it takes to be mentally fit

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Updated On : 05 Apr 2024 | 11:02 AM IST

Choose life policy carefully; early surrender can cause major losses

Switch credit card if changes in reward structure do not align with your needs

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Updated On : 29 Mar 2024 | 10:11 PM IST

Bima Sugam - your one-stop portal for all insurance policies: Details here

It's an online platform where customers can choose a suitable scheme from multiple options given by various companies

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Updated On : 28 Mar 2024 | 3:09 PM IST

LIC, GIC Re and New India Assurance Company retain the 'D-SII' tag

D-Slls are insurance companies which are perceived as 'too big or too important to fail'(TBTF) based on their size, market importance, and domestic and global interconnectedness

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Updated On : 27 Mar 2024 | 8:59 PM IST

Irdai retains surrender value norms, positive for life insurers: Analysts

Insurance industry leaders believed that higher surrender values could lead to the premature exit of policyholders from long-term insurance policies

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Updated On : 26 Mar 2024 | 11:33 PM IST

Irdai notifies series of regulations, tweaks rules on surrender charges

A surrender value in insurance refers to the amount paid by the insurers to the policyholder upon terminating the policy before its maturity date

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Updated On : 26 Mar 2024 | 5:05 PM IST

Irdai allows firms to offer customised insurance to match customer needs

That there is no flash in the pan has been made clear by the insurance regulator when it announced these changes through a series of gazette notifications on Friday

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Updated On : 25 Mar 2024 | 9:43 PM IST