Latest Updates Around The World
The regulator has directed all insurers to pursue a zero-tolerance policy towards fraud and put in place an appropriate fraud risk management framework that suits their business profile so that they can deter, prevent, detect, report and remediate insurance fraud | Photo credit: iStockphoto The Insurance Regulatory and Development Authority of India (IRDAI) has asked […]
Ajay Seth, chairman of Insurance Regulations and Development Authority of India (IRDAI), launched the official website of Bima Sugam India Federation (BSIF) on Wednesday. “Bima Sugam represents a crucial step in the direction of creating the digital public infrastructure of India for insurance. This initiative will enable policy holders to deepen the penetration of the […]
The new insurance policy is perhaps the best man in the post to make the transition to the new GST regime The newly appointed chairman of the insurance regulation and development authority of India (IRDAI), Ajay Seth, will have a sign of important policy measures to decide, because he will navigate the insurance sector through […]
During the Lockdown period, the movement of vehicles was limited and the educational institutions remained closed | Photocredit: Sakeer Hussain The Insurance Regulations and Development Authority of India (IRDAI) has rejected representation that is looking for a policy to release buses from educational institutions from the payment of the insurance premium or to relatively the […]
Irdai has worked on the implementation of the RBC framework to replace the current current margin system with fixed solubility. | Photocredit: Istockphoto The Insurance Regulatory and Development Authority of India (IRDAI) has ordered insurance companies to undertake a quantitative impact study (QIS) to implement risk -based Capital (RBC) Regulatory framework for the Indian insurance […]
Irdai has worked on the implementation of the RBC framework to replace the current current margin system with fixed solubility. | Photocredit: Istockphoto The Insurance Regulatory and Development Authority of India (IRDAI) has ordered insurance companies to undertake a quantitative impact study (QIS) to implement risk -based Capital (RBC) Regulatory framework for the Indian insurance […]
In a movement that can take social security through insurance to the countryside, insurance regulations and development authority of India (IRDAI) has instructed insurers to cover 75,000 grams of Panchayats over the next two years as part of rural, social sector and motor third parties. The mandatory coverage of the specified number of Panchayats applies […]
