Search Results for Tag : IRDA

Judgments

Max Life Insurance fined for ‘casual approach’ to insurance regulations(28.06.2016)

The Insurance Regulatory and Development Authority of India imposed a penalty of Rs. 10 lakhs on Max Life Insurance Company, citing operational defici.....

Tags : irda, max life, penalty, agents

News

IRDAI Issues Guidelines for Share Acquisition in Insurance Companies(08.08.2016)

Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines for acquisition of shares in listed insurance companies under wh.....

Tags : IRDAI, Guidelines for Share Acquisition

IRDAI Asks Insurers Not to Reject Claims on Grounds of Genetic Disorder(20.03.2018)

Insurance regulator IRDAI has directed insurers not to reject any health insurance claim based on exclusions related to 'genetic disorder'.

Tags : IRDAI, Insurance

SC: Insurers Can't Cancel Contract if Exclusion Clauses Are Not Disclosed to Insured(10.11.2022)

Supreme Court while cautioning all insurance companies has held that if they do not mandatorily comply with IRDA Regulation, 2002 then their right to .....

Tags : Supreme Court, Insurance, IRDA

Delhi HC to IRDAI: Ensure Products Are Designed for Persons With Disabilities(14.12.2022)

Delhi High Court has directed Insurance Regulatory & Development Authority of India (IRDAI) to call a meeting of insurance companies to ensure that pr.....

Tags : Delhi High Court, IRDAI, Persons With Disabilities

SC to IRDAI: Consider if Personal Accident Cover Can Include Persons Other Than Owner(16.02.2023)

Supreme Court has directed Insurance Regulatory Development Authority of India (IRDAI) to consider if claims by family members, friends, or such perso.....

Tags : Supreme Court, IRDAI, Accident Cover

Why No Insurance Cover to Persons Suffering from Congenital Anomalies: Delhi HC Asks IRDAI(22.10.2018)

Delhi High Court has asked the Insurance Regulatory and Development Authority (IRDAI) to “explain the reasonableness” of not granting insurance cover .....

Tags : Delhi High Court, IRDAI

IRDAI: Enforcement of Share Pledging in Reliance General is Null and Void(02.01.2020)

Insurance Regulatory and Development Authority of India has cancelled invoking of pledge and transfer of shares of Reliance General Insurance by the t.....

Tags : IRDAI, Reliance

IRDAI Tightens Norms for Cross-Border Re-Insurers(20.01.2016)

Insurance Regulatory and Development Authority of India (IRDAI) has tightened norms for Cross-Border Re-Insurers (CBR) operating in India. It has said.....

Tags : IRDAI, CBR

Top Story

IRDA lambasts Max Life Insurance ‘casual approach’ to insurance regulations(28.06.2016)

The Insurance Regulatory and Development Authority of India imposed a penalty of Rs. 10 lakhs on Max Life Insurance Company, citing operational defici.....

Tags : irda, max life, penalty, agents

IRDA lambasts Max Life Insurance ‘casual approach’ to insurance regulations(28.06.2016)

The Insurance Regulatory and Development Authority of India imposed a penalty of Rs. 10 lakhs on Max Life Insurance Company, citing operational defici.....

Tags : irda, max life, penalty, agents

Notifications & Circulars

Clarifications in respect of the provisions of IRDAI (Health Insurance) Regulations 2016 and Guidelines on Product Filing in Health Insurance(10.01.2017)

Reference is invited to the provisions of Guidelines on Product Filing in Health Insurance notified vide ref: IRDA/HLT/REG/CIR/150/07/2016 dated 29th .....

Tags : Clarifications, provisions, IRDAI

Insurance Regulatory and Development Authority of India (Places of Business) Regulations, 2015(15.07.2015)

The Insurance Regulatory and Development Authority introduced the Regulations, 2015, which supersede the IRDA (Places of Business) Regulations, 2013.

Tags : Irda, place of business, regulations