The Insurance Amendment Bill, a significant reform for India's insurance sector, is set to be tabled in Parliament soon.

The company is the first reinsurer to get registration for reinsurance operations in India’s “revamped regulatory landscape”.

Currently, public sector General Insurance Corporation (GIC Re) is the only reinsurance company operating in India.

Industry experts say that the pressure to make higher payouts will significantly reduce mis-selling as there will be little ...

Under his stewardship, IRDAI introduced the Expenses of Management (EoM) regulations at a time when the industry faced ...

The Insurance Regulatory and Development Authority of India (IRDAI) has approved the R2 license for Valueattics Reinsurance, ...

The Insurance Amendment Bill is a significant reform in India’s insurance sector. To aid this transition, the IRDAI has ...

Debasish Panda, an IAS officer from the 1987 U.P cadre, has held various key positions at both the state and central levels.

This decision marks a major step toward fostering competition and diversification within the reinsurance landscape, a domain ...

The regulator's concerns stem from the fact that despite the relaxation of commission payout limits in April 2023, the expected reduction in insurance premiums has not materialised, with the policy ...

Modelled after the UPI-linked ASBA mechanism for initial public offering (IPO) applications, Bima-ASBA allows the premium ...

Valueattics Reinsurance Ltd, backed by Kamesh Goyal and Fairfax, becomes the first private reinsurer to gain regulatory ...