IRDAI notifies Regulatory Sandbox Regulations, 2025 repealing the 2019 regulations
No relaxations will be granted in respect of compliance with Insurance Act, 1938 and IRDAI Act, 1999.
IRDAI
Cyril Amarchand Mangaldas advises Zurich Insurance Company Ltd. on acquisition of 70% stake in Kotak Mahindra General Insurance
Cyril Amarchand Mangaldas acted as a legal counsel to Zurich Insurance Company Ltd on its acquisition of a 70% stake in Kotak
IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024
The regulations apply to insurers including those engaged in reinsurance business.
IRDAI (Insurance Products) Regulations, 2024
These regulations protect the interest of policyholders by enabling insurers to adopt good governance while designing and pricing the products.
HIGH COURT DECEMBER 2023 WEEKLY ROUNDUP| Stories on Maternity Leave to Contractual Employee; Marital Rape; Booking.com vs MMT; Appointment of Law Officers and more
A quick legal roundup to cover important stories from all High Courts this week.
Madras HC directs IRDAI to place AYUSH treatment on a par with allopathic treatment; Asks it to direct insurance companies to reimburse insurance amount on equal scales
“Traditional treatment must also be encouraged, and it must get the same weightage as is given to allopathic treatment”
IRDAI (Expenses of Management of Insurers transacting General or Health Insurance business) Regulations, 2023
On 27-3-2023, the Insurance Regulatory and Development Authority of India (‘IRDAI’) notified the Insurance Regulatory and Development Authority of India (Expenses of
Delhi High Court directs IRDAI to design products for persons with hearing disabilities and persons with implants
The Delhi High Court held that the denial of a health insurance policy to a minor child suffering from Bi-Lateral Hearing Loss was contrary to the provisions in favour of Persons with Disabilities under the Rights of Persons with Disabilities Act, 2016 and further directed IRDAI to design products for persons with hearing disabilities and persons with implants.
Key Changes to the IRDAI (Other Forms of Capital) Regulations
by Anuj Shah†, Harsh Khemka†† and Mokshita Jain†††
Cite as: 2023 SCC OnLine Blog Exp 5
IRDAI extends timelines for issuance of electronic policies and dispensing with physical signatures on the proposal forms
On September 17, 2021, the Insurance Regulatory and Development Authority of India (IRDAI) has issued extension of timelines for Issuance of Electronic
Mandating coverage of bumper to bumper insurance policy: Not logistically and economically feasible? Has Madras HC modified its earlier decision? Read full report
Madras High Court: S. Vaidyanathan, J., cancelled the bumper-to-bumper policy which was made mandatory by this Court’s order for new vehicles for
IRDAI releases product structure for cyber insurance
The Insurance Regulatory and Development Authority of India has released product structure for cyber insurance vide circular dated September 8, 2021. The
IRDAI issues IRDAI (Trade Credit Insurance) Guidelines, 2021
The Insurance Regulatory and Development Authority of India has published revised guidelines on Trade Credit insurance on 8th September 2021. The guidelines shall
CCI approves acquisition of stake by Axis Bank Limited, Axis Capital Limited & Axis Securities Limited in Max Life Insurance Company Limited
The Competition Commission of India (CCI) approves the acquisition of stake by Axis Bank Limited, Axis Capital Limited and Axis Securities Limited
IRDAI | Pollution Under Control Certificate (PUC) at the time of renewal of motor insurance — Mandatory
Pollution Under Control Certificate at the time of renewal of motor insurance mandatory Insurance Regulatory and Development Authority of India has advised
NHRC notice to IRDA and Finance Ministry over reported refusal or high premium for mediclaim policies for healthcare workers
The National Human Rights Commission has taken suo moto cognizance of a media report stating that the healthcare workers, who are at