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Insurance for seniors: IRDAI says yearly health insurance premium for elderly can't be increased by more than 10%
In a significant relief for senior citizens, the Insurance Regulatory and Development Authority of India (IRDAI) has imposed a limit on annual health insurance premiums. The regulator has stated that ...
Insurers seek Irdai clarity on a new law barring common directorships, a move that could disrupt boards of bank-backed ...
IRDAI has tightened motor insurance claim-settlement rules, mandating transparency, board-approved policies and faster processing. Complaints have declined, AI-based assessments are being used for ...
Many insurers are now facing scrutiny from the Insurance Regulatory and Development Authority of India (IRDAI) for overshooting the prescribed limits on expenses, which mainly include commissions. The ...
Addressing the third edition of the IFSCA–IRDAI–GIFT City Global Reinsurance Summit in Mumbai, Shri M. Nagaraju, Secretary, ...
IRDAI mandates AYUSH coverage for hospitalisation, OPD consultations for alternative therapies are generally excluded unless specifically offered by the insurer ...
Paytm will shift its focus to distributing insurance products from other insurers following the acceptance by the IRDAI of Paytm General Insurance's application to withdraw its registration Paytm ...
Mis-selling is a significant concern in the insurance sector, and insurers need to conduct a root cause analysis to identify the underlying causes, Insurance Regulatory and Development Authority of ...
The court held that the 2025 GST exemption applies only to individual and family floater health policies. Group insurance, ...
IRDAI working on a new draft notification for commission rules: Sources told ET Now that that the new rules are likely to be implemented from April 1, 2026. After the insurance Act amendment, Sabka ...
For insurers that sell policies with guarantees or long-dated commitments, persistently low returns also compress margins and reduce flexibility in product design, industry executives said. IRDAI may ...
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