What is Insurance Regulatory and Development Authority of India (Irdai) ?

Global insurance broker Howden said it has received insurance regulator Irdai's approval to raise its stake from 49% to 100% in its Indian arm

These panels have been formed to look into areas of regulation, products, distribution, finance, health, finance, taxation, ease of doing business, among others

The non-life insurance companies had a gross premium business worth Rs 17,251.10 crore in April 2021

"We see the arrival of external shareholders with experience of the insurance industry as a further key benefit of the IPO," Moody's said.

The committee has suggested that the insurers should be allowed to adopt a modular approach using various permutations and combinations for Combi MI (Micro Insurance) products.

Accordingly, the limit of 25% of investment assets stands revised to a limit of 30% of investment assets

In line with the Telangana High Court's order but with delay, the Insurance Regulatory and Development Authority of India (IRDAI) has promoted S.N. Jayasimhan as the Chief General Manager (CGM).

If your insurer has hiked the premium rate excessively, consider porting

Twenty four life insurance companies had a total premium income of Rs 2,78,277.98 crore from new business in the previous fiscal

In Budget FY21, Finance Minister Nirmala Sitharaman had announced raising the cap of FDI to 74 per cent for insurance companies with effect from August 2021

The insurance regulator wants the removal of the minimum entry capital requirement of Rs 100 crore for setting up business. More on that story in our top headlines.

Debasish Panda, chairman, Insurance Regulatory and Development Authority of India (Irdai), said it should be left to the regulator instead to decide what should be the entry fee for interested players

The number was flagged in a recapitalisation advice, sent by the department of financial services in the finance ministry to the company this week.

At the DFS, Panda, 60, created a group of officials to monitor speedier claim settlements for deaths due to Covid-19

The position of Irdai chairman was vacant for a period of over nine months, ever since Subhash Chandra Khuntia demitted office in May 2021

The appointment of the Irdai chairman comes nearly nine months after the vacancy was created following Subhash Chandra Khuntia completing his term in May last year

Debasish Panda, former secretary, Department of Financial Services, to the top position of the Insurance Regulatory and Development Authority of India (Irdai) for three years

Here are the top headlines on Friday

The appointment of IRDAI chairman comes nearly 9 months after the vacancy was created following Subhash Chandra Khuntia completing his term in May last year

These policies prove especially useful in case of a disability