CBI probe against IRDA, Reliance General Insurance
CBI has started a probe into alleged undervaluation of penalty to the tune of nearly Rs 17,500 crore on Reliance General Insurance Company Limited.
Oct 13, 2014, 09:15 AM IST
IRDA to make suggestions on insurance bill
IRDA would make suggestions vis--vis the proposed insurance bill to cover different areas like health insurance and e-commerce.
Sep 26, 2014, 16:06 PM IST
J&K floods: IRDA asks life insurers to settle claims fast
In view of massive floods resulting in loss of lives and belongings in Jammu & Kashmir, Insurance Regulatory Authority of India (IRDA) has asked life insurers to take immediate steps for expeditious settlement of claims.
Sep 14, 2014, 18:24 PM IST
Despite losses, insurance industry attracts investments: IRDA
The insurance watchdog said the FDI limit will be fixed by the government and the IRDA's job is to ensure that regulations are followed by the companies.
Sep 03, 2014, 16:21 PM IST
IRDA cautions public against spurious calls
Insurance regulator IRDA on Monday cautioned the public against falling prey to spurious calls being made in the name of regulator to sell policies.
Aug 25, 2014, 23:42 PM IST
'RBI just taking baby steps on customer rights'
Customers expected the Reserve Bank of India (RBI) to leap forward with a strong regulation for consumer protection than taking baby steps with its draft charter on customer rights, a consumer activist said.
Aug 24, 2014, 14:03 PM IST
LIC launches pilot project with repositories for digitisation
The insurance behemoth LIC said here on Friday that it has launched a two-month pilot project in the city to digitise policies.
Aug 22, 2014, 19:47 PM IST
Irda allows 3-yr third party insurance cover for two-wheelers
The policy has to be renewed every year in case of own-damage cover.
Aug 12, 2014, 21:34 PM IST
IRDA Chairman expects insurance companies to get listed
Welcoming the hike in foreign holdings in the insurance sector, IRDA (Insurance Regulatory and Development Authority Chairman T S Vijayan today expressed the hope that the move would finally enable companies to enter capital markets.
Jul 25, 2014, 00:34 AM IST
Irda fines Sahara India Life Insurance for violating norms
Regulator Irda has imposed Rs 5 lakh penalty on Sahara India Life Insurance Company Ltd for non-compliance of social sector obligations in 2012-13.
Jul 24, 2014, 22:46 PM IST
Now, car insurance renewal every five years?
These policies could also be cheaper as compared with the earlier policies. IRDA also aims to use this long-term policy cover to promote insurance, especially in rural areas.
Jul 22, 2014, 12:28 PM IST
Insurance cos to get much-needed capital from higher FDI: Singh
Welcoming the government's proposal to hike FDI ceiling in insurance sector to 49 percent, Fortis Healthcare Executive Chairman Malvinder Mohan Singh on Friday said the move would help insurance firms attract much-needed capital from overseas partners.
Jul 18, 2014, 19:41 PM IST
Raising FDI cap in insurance will spur growth: Irda
Raising FDI cap in the insurance sector will spur growth in this industry, ensuring entry of more players, Insurance Regulatory and Development Authority said on Friday.
Jul 18, 2014, 17:41 PM IST
SEBI issues warning against fraudulent regulatory calls
The SEBI caution has come amid several instances of fraudsters posing as the regulator's officials to lure investors into their investment schemes.
Jun 29, 2014, 11:16 AM IST
IRDA tightens norms for replacement of life insurance policy
Seeking to safeguard interest of customers, IRDA has made it mandatory for agents to provide full details in transparent manner before persuading policyholders to shift to another life insurance firm.
Jun 18, 2014, 21:35 PM IST
Pilot project for insurance policy digitisation from July 1
Insurance regulator IRDA Tuesday said the pilot project for digitisation of insurance policies would start from July 1.
Jun 10, 2014, 20:48 PM IST
LIC hopes to retain market share of 82% this fiscal
"We hope to retain the existing market share in the current financial year at 82 per cent," LIC Managing Director S B Mainak said.
Jun 10, 2014, 14:49 PM IST
Non-life insurers premium income up 12% in March at Rs 77,541 crore
Among other categories, health insurance premium witnessed a rise of 13.5 per cent at Rs 17,623.91 crore in March 2014 and premium towards motor TP (third party) increased substantially by 25.7 per cent to Rs 15,682.85 crore.
Jun 08, 2014, 12:34 PM IST
