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Tag: IRDAI

Economy

Irdai committee to examine Surety Bonds for road contracts

July 4, 2020July 6, 2020 - by Abdul

News: Insurance Regulatory and Development Authority(IRDAI) has formed a panel under G Srinivasan to assess the suitability of the Indian insurance industry or any other sector to offer Surety Bonds …

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Economy

Annual report of the insurance sector

December 22, 2019December 23, 2019 - by Abdul

News:The annual report of the Insurance Regulatory and Development Authority of India (IRDAI) for 2018-19 has been released. Facts: Key terminologies: Insurance density is measured as the ratio of premium …

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Economy

Regulatory Sandbox

September 14, 2019September 14, 2019 - by Abdul

News:Insurance Regulatory and Development Authority of India (IRDAI) has launched the Regulatory Sandbox system for innovative technology-led entities. Facts: About Regulatory Sandbox: Regulatory sandbox(RS) is an infrastructure that helps financial …

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Economy

IRDAI to give green signal to sandbox experiment soon

July 31, 2019July 31, 2019 - by Abdul

The Insurance Regulatory and Development Authority of India (IRDAI) will soon allow the use of regulatory sandbox(RS) to promote new, innovative products and processes in the industry. Regulatory sandbox is …

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Economy

Third party motor insurance premium to get pricier as IRDAI revises rate card

May 21, 2019July 4, 2019 - by Abdul

Insurance Regulatory and Development Authority of India(IRDAI) has released a draft notification on third-party motor insurance.Third-party insurance is the portion of an insurance policy that protects you if you’re held …

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Economy

After RBI, Sebi & IRDAI launch initiatives to boost startups

May 21, 2019July 4, 2019 - by Abdul

Securities and Exchange Board of India(SEBI) and the Insurance Regulatory and Development Authority of India(IRDAI) has announced sandbox initiative to encourage startups in their segments by making data and systems …

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Economy

IRDAI forms panel to review microinsurance framework

April 27, 2019July 4, 2019 - by Abdul

The Insurance Regulatory and Development Authority of India (IRDAI) has set up a committee under IRDAI Executive Director Suresh Mathur to review the regulatory framework on microinsurance. Microinsurance refers to …

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Economy

IRDAI moots public disclosure norm

March 26, 2019March 26, 2019 - by Abdul

The Insurance Regulatory and Development Authority of India (IRDAI) has issued a draft detailing the Public disclosure norms.The draft requires insurers to share details about their financials performance at specified …

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National / Policy

IRDAI, NHA form joint working group on Ayushman Bharat

March 7, 2019March 8, 2019 - by Abdul

Insurance Regulatory and Development Authority of India (IRDAI) and National Health Agency (NHA) has decided to set up a joint working group for better implementation of Ayushman Bharat Pradhan Mantri …

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Economy

Insurers must use judgment while investing, says IRDAI

March 6, 2019March 6, 2019 - by Abdul

Insurance regulatory Development Authority of India(IRDAI) has advised companies to not just rely on the credit ratings for their investments. The advice came after several insurers had invested in entities …

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