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INSURANCE NEWS
First-year premium of life insurers up 2 pc at Rs.3,77,960 cr in FY24: IRDAI
Wed, Apr 24, 2024     Source : Business Line
Life Insurance Corporation’s first year premium declined 4 per cent to Rs.2,22,522 crore against Rs.2,31,899 crore in the previous financial year
INSURANCE NEWS
Galaxy Health gets Irdai approval to launch health insurance business
Sat, Mar 23, 2024     Source : Business Standard
According to the regulator, this is the sixth registration granted by IRDAI in around one year across the Life, Non-life, and Health segments
INSURANCE NEWS
Irdai retains obligatory cession of business to GIC Re at 4% for FY25
Sat, Feb 24, 2024     Source : Business Standard
Obligatory cession refers to the part of the business that general insurance companies have to mandatorily cede to the national reinsurer
INSURANCE NEWS
Life insurers ask Irdai to charge surrender value on accumulated premia
Thu, Feb 15, 2024     Source : Business Standard
The exposure draft by Irdai in December 2023 outlined the introduction of a defined premium threshold for each product, beyond which no surrender charges will be levied
INSURANCE NEWS
Insurers may need prior approval from IRDAI to appoint new chief
Wed, Jan 31, 2024     Source : Economic Times
Indian insurers may soon require insurance watchdog's prior approval to appoint a chairman, a practice followed in the banking sector, as part of measures being considered to improve governance, people fam...
INSURANCE NEWS
Govt appoints Rajay Kumar Sinha as new member finance at IRDAI
Thu, Jan 11, 2024     Source : Economic Times
The government has appointed Rajay Kumar Sinha as member finance and investment at Insurance Regulatory and Development Authority of India, or IRDAI.
INSURANCE NEWS
Women's life insurance share rises to 34.2% in 2022-23: IRDAI report
Tue, Jan 02, 2024     Source : Business Standard
As per the IRDAI's annual report 2023, of the total policies sold, the number of policies issued to women was around 9.73 million, which is 34.20 per cent of the total
INSURANCE NEWS
How you will benefit from IRDAI’s progressive customer-centric strategies unveiled in 2023
Wed, Dec 20, 2023     Source : Financial Express
By championing transparency, empowering consumers, and safeguarding their interests, IRDAI is steering the Indian insurance industry towards sustainability and a heightened focus on customer welfare.
NEWS
Gatekeepers of Governance – 2nd - 3rd November, 2023
Thu, Nov 02, 2023     Source : Citrus Interactive
The eighth annual two day Summit on Corporate Governance, Gatekeepers of Governance, is being organised on 2nd – 3rd November, 2023 in Mumbai, by Excellence Enablers, a niche Corporate Governance advisory ...
NEWS
‘Gatekeepers of Governance’: 8th Annual Corporate Governance Summit to be held in Mumbai on 2nd – 3rd November, 2023 (Thursday and Friday)
Thu, Oct 26, 2023     Source : Citrus Interactive
The eighth annual Corporate Governance Summit, Gatekeepers of Governance, presented by Excellence Enablers, a niche Corporate Governance advisory firm, will take place on 2nd – 3rd November, 2023 in Mumbai...
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