Page 30 - Irdai

Irdai to take decision on extending tenure of Covid-19 products: Chairman

Regulator Irdai is mulling over a plan to allow the tenure extension of Covid-19 specific insurance products as the vaccine for the disease is seemingly away, its chairman Subhash C Khuntia said

Digital health plan may make insurance products cheaper: Irdai member

Health insurance products calculated based on historical data will get better information, says T L Alamelu

Health insurance: Irdai issues guidelines on wellness, preventive measures

Steps shall help achieve the desired objective of maintaining and improving good health and enabling affordable health insurance

Insurers can offer wellness coupons, reward points to policyholders: Irdai

Regulator Irdai on Friday came out with fresh guidelines for wellness and preventive features under which insurers can offer discount coupons and vouchers for health supplements and yoga centres

Third-party motor insurance premium hike delay worries insurers

Next six months will be tough for the industry in terms of loss ratios

Irdai invites applications for innovative ideas under regulatory sandbox

Irdai said it has created a regulatory sandbox with the objective of using new and innovative ideas with a view to accelerate the growth of the sector

Sales of Corona Kavach health insurance policies on rise: Max Bupa

"The initial response for Corona Kavach plan has been encouraging and we are selling between 200-300 policies every day," Ramachandran said

RBI frames plan for financial education among school students, communities

The 'National Strategy for Financial Education 2020-2025' suggests a multi-stakeholder-led approach for creating a financially aware and empowered India

We're hoping growth in insurance will pick up by Q2-end: Irdai Chairman

In an email Q&A, Subhash Chandra Khuntia speaks about the positive response to Corona Kavach policy, standardisation of covid treatment rates and need for a retrenchment cover

Health has become biggest business in general insurance: Irdai member

The pandemic has promoted people to buy health covers, as the uncertainty around the virus and its effects are rising with the number of infections going up daily

Insurers can take action against hospitals denying cashless service: Irdai

An insurance company can take action against a hospital for demanding advance from a policy holder who is supposed to get cashless service

IRDAI allows life insurers to get consent of policyholders electronically

This facility, to be allowed on an experimental basis with immediate effect till December 31, 2020, will remain limited to pure risk products

IRDAI allows life insurers to issue policies electronically due to Covid-19

The regulator further said there will be a mandatory 30-day free look period for all such electronic policy documents

Who is the real boss of India's financial markets?

For financial sector companies sett­ing up shop in India, as of now the go-to regulators are obviously the Sebi and the Reserve Bank of India

What you need to know about Arogya Sanjeevani health insurance policy

Launched by Irdai, the plan's main objective is to make insurance more accessible, affordable and less confusing for policy buyers

Irdai allows insurers to offer Arogya Sanjeevani as group insurance policy

Arogya Sanjeevani Policy, whether in individual or group form, will also cover treatment of Covid-19 disease

Market Ahead, July 24: All you need to know before the opening bell

Today, a total of 71 companies including ITC, Asian Paints, and Ambuja Cements are scheduled to announce their quarterly results

Irdai asks Axis Bank, Max Financial to make changes in deal structure

Irdai has asked them to factor in some alternate mechanisms subject to regulatory approvals.

IRDAI approval must for sale, pledge of over 5% equity in insurance company

IRDAI said any transfer of shares beyond the stipulated threshold limits without the prior approval of the authority will attract appropriate regulatory and legal action

IRDAI allows insurers to sell Corona Kavach policy as group product

Each insurer can price the product according to its risk assessment, health portfolio and its claim experience.