Posts In: IRDAI

IRDAI prescribes specific directions for the preparation of Solvency Statement under the IRDA (Assets, Liabilities, and Solvency Margin of General Insurance Business) Regulations, 2016 from the first quarter of 2019-2020

May 23, 2019 Insurance, Insurance 0

The Insurance Regulatory and Development Authority of India (“Authority / IRDAI”) has observed in the Solvency Returns filed to them that, computations under Available Solvency...

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IRDAI amends the IRDAI (Appointed Actuary) Regulation 2017, effective 15th May, 2019

May 23, 2019 Insurance, Insurance, states 0

The Insurance Regulatory and Development Authority of India (“IRDAI”) has introduced an amendment to the IRDAI (Appointed Actuary) Regulations, 2017 (2017 Regulation). It gains immediate...

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IRDAI issues Guidelines to Life Insurers for speedy settlement of life insurance claims of victims of Cyclone Fani

May 10, 2019 Insurance, Insurance, states 0

The Insurance Regulatory and Development Authority of India “IRDAI” keeping in mind the devastation caused to property and lives by the cyclone Fani, has laid...

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IRDAI invites comments on the ‘Exposure Draft on Insurance Regulatory and Development Authority of India (Conflict of Interest) Guidelines, 2019’ within 29th March, 2019

March 12, 2019 Industries, OPS, states 0

In a circular/guideline dated 8th March, 2019, The Insurance Regulatory and Development Authority of India (“Authority”) invites  comments on the Exposure Draft on Insurance Regulatory and...

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IRDAI notifies the Obligatory Cession for the financial year 2018-19 applicable to Indian Re-insurers and other insurers as per the provision of Section 101A of the Insurance Act, 1938

January 22, 2019 Industries, OPS, states 0

The Insurance Regulatory and Development Authority of India has, in a Notification dated 10th January 2019 notified the Obligatory Cession for the financial year 2018-19...

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Communication regarding representation made by a client to the insurance broker through an electronic form can be considered as “written mandate”, says IRDAI

January 19, 2019 Industries, OPS, states 0

The Insurance Regulatory and Development Authority of India (“IRDAI”) has, in a recently issued Circular declared that a mandate communicated by a client to the...

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IRDAI clarifies on Aadhaar based e-KYC authentication facility

September 7, 2017 Industry Specific 0

In a recent circular dated 31st August, 2017, the Insurance Regulatory and Development Authority of India (‘IRDAI’)  has clarified that the details of  clients can...

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IRDAI issues circular on filing and usage procedure for minor modifications in the products offered by Life Insurers

March 21, 2017 Insurance 0

The Insurance Regulatory and Development Authority of India (“IRDAI”) has recently issued a circular regarding the file and use procedure for minor modifications under existing...

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