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”.

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

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

Applicants must have a minimum of 30 years of relevant work experience and should have served as secretary to the Government ...

As per para 1.8 a (A) of Chapter 3 of the Master Circular on IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations,2024 insurers are allowed as users with following types of ...

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

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

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

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

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 ...

The government has begun the search for the next IRDAI Chairperson, with Debasish Panda’s tenure ending in March 2025.