Bajaj Finance slapped with ₹2 cr fine by IRDAI
The IRDAI conducted an onsite inspection of Bajaj Finance Limited from March 3 to March 5, 2021, covering the fiscal years 2018 to 2020
irdai
July 2024
June 2024
May 2024
February 2024
January 2024
December 2023
September 2023
June 2023
IRDAI hikes surrender values for non-linked products; here’s how insurance stocks react
Shares of LIC of India, SBI Life, HDFC Life, Max Financial Services gained up to 2% even after IRDAI raised surrender values.
IRDAI wants motor insurance cos to give ‘pay as you drive’ choice to customers
IRDAI issues a master circular on General Insurance business repealing 13 circulars as part of reforms.
Cashless health insurance claims will now be settled in 3 hours
Insurers must decide on cashless authorisation requests immediately within one hour, says IRDAI
IRDAI issues draft rules for insurance e-marketplace ‘Bima Sugam’
IRDAI's 'Bima Sugam' is projected to help India achieve 'insurance for all by 2047'
Capri Global surges 15% on receiving corporate agency licence
Capri expects to generate net fee income of ₹20 cr from insurance cross-sell in FY’25.
M&M Finance forays into life, health and general insurance
The company plans to make an initial investment ranging from ₹5 crore to ₹10 crore.
Boost infra growth with surety bonds: IRDAI
The current regulatory framework for surety bonds presents the general insurance industry with a unique opportunity to diversify their portfolio, says IRDAI chairman.
IRDAI exploring flexible, DIY insurance products: Debasish Panda
IRDAI is working with companies in the health insurance sector to ensure 100% cashless settlements for medical expense claims
Govt releases draft third-party motor insurance rules
The base premium rates for motor third-party insurance cover have been proposed at ₹2,094 for private cars below 1,000 cc.
