IRDAI is reportedly looking at levelling commission structure throughout the policy term to improve persistency.

Transitioning to Ind AS, including new standards for financial instruments and insurance contracts, would align Indian ...

A senior IRDAI official emphasized the need for the insurance industry to cut customer acquisition and management costs to enhance profitability and affordability. Addressing a CII event, Deepak Sood ...

The Insurance Regulatory and Development Authority of India (IRDAI) has granted a Certificate of Registration to new reinsurer Allianz Jio Reinsurance ...

Insurance watchdog IRDAI has penalised Policybazaar with a total of Rs 5 crore on accounting of violating 11 charges under various provisions of the Insurance Act and IRDAI (Insurance Web Aggregators) ...

The proposed shift would apply across the industry, including life insurers, general insurers, health insurers and reinsurers ...

A nationwide survey conducted by citizen engagement platform LocalCircles has found that health insurance policyholders in ...

Following a sharp 41% rise in health insurance complaints in FY25, IRDAI Chairman Ajay Seth has scheduled a high-level joint ...

The Irdai said retail policyholders can cancel their insurance policy at any time during its term by notifying the insurer, ...

To sum up, over 7 in 10 health insurance policy holders surveyed confirm that their premiums increased 50-200% cumulatively over the last 3 years.

IRDAIs consultation paper proposes a new regulatory framework requiring insurers to adopt Ind AS. The initiative is designed ...