As per Irdai norms, general insurance companies with market share of up to 2 per cent in motor TP must increase the minimum ...

Reinsurance treaty renewals on April 1 saw largely stable or softer rates due to competition among reinsurers. Despite ...

Despite strong premium growth and investment gains, underwriting struggles and competition pressure Star Health's performance ...

Official data revealed that 1,121 cases were awaiting resolution in 2024, up from 736 in 2023. This marked the highest ...

IRDAI directs insurers to establish cyber incident response procedures, onboarding forensic auditors for effective response ...

Regulator Irdai on Wednesday directed insurers to empanel forensic auditor in advance so that they could conduct forensics ...

The inspection also revealed high deductions in claim settlements and instances where companies were not offering products as ...

IRDAI eliminates age restrictions for health insurance, benefiting senior citizens and improving healthcare access in India.

The Insurance Regulatory and Development Authority of India (Irdai) mandates insurers to empanel forensic auditors in advance ...

The Insurance Advisory Committee (IAC) plays a crucial role in providing expert recommendations to IRDAI on regulatory matters. It consists of members from various sectors, including commerce, ...

The Insurance Regulatory and Development Authority of India (IRDAI) has identified serious lapses in the claim settlement ...

The Insurance Regulatory and Development Authority of India (IRDAI) reported that 11% of health insurance claims were denied ...