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IRDAI Approves Capital Infusion by Axis Bank Into Max Life

07-Feb-2024 Business News

IRDAI has approved the capital infusion by Axis Bank into Max Life, subject to the approval of the competition watchdog...

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IRDAI to roll out Risk Based Supervision from July

28-Jun-2023 Business News

IRDAI on Tuesday said it would roll out Risk-Based Supervision (RBS) on a pilot basis next...

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SAT stays IRDAI’s order against Sahara India Life

14-Jun-2023 Business News

SAT said there was "no tearing hurry" for the IRDAI to order the transfer of life insurance business of Sahara India Life to SBI Life...

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IRDAI goal for non-life Ins premium by FY27 is Rs 11.73L cr

02-Jul-2022 Business News

IRDAI chairman said global average of insurance penetration is 4.16 per cent. Indian non-life sector would reach Rs 11.73 lakh crore by...

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Insurance CEOs pressing IRDAI Ch’man for further relaxations

26-Jun-2022 Business News

The captains of life and non-life insurers will be meeting Debasish Panda, Chairman of IRDAI on June 30 and July 1 in...

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IRDAI rationalisation is ‘sound and fury signifying nothing’

29-Apr-2022 Business News

IRDAI move to rationalise compliance is a 'sound and fury, else nothing'. Insurers need not file documents relating to actuarial matters....

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Insurance Regulatory Development Authority of India seeing winds of change

26-Mar-2022 Business News

Are the winds of change blowing in the Insurance Regulatory and Development Authority of India (IRDAI) after new Chairman took...

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Debasish Panda takes charge as Chairman IRDAI

14-Mar-2022 Business News

Retired bureaucrat Debasish Panda on Monday took charge as the Chairman of Insurance Regulatory and Development Authority of India...

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Setback for SAT, SC expunged its remarks against retired IRDAI member

20-Feb-2022 Business News

In a setback for the SAT, the Supreme Court has expunged the remarks against former Member (Non-Life), IRDAI P.J....

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IRDAI closed FY21 with Rs 124 cr surplus, M&A fee Rs 8.14 cr

14-Jan-2022 Business News

The Insurance Regulatory and Development Authority of India (IRDAI) closed FY21 with total fee income of about Rs 194...

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IRDAI caps value of surety insurance contracts at Rs 500 cr

04-Jan-2022 Business News

The IRDAI has capped the quantum of surety insurance contracts at 10 per cent gross premium written subject to a maximum of Rs 500 crore...

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