While no formal timeline has been announced, executives said monoline and sector-specific licensing is likely to feature on IRDAI’s policy agenda, 2026 emerging as a potential window for implementatio ...

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 working on a new draft notification for commission rules: Sources told ET Now that that the new rules are likely to be ...

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 ...

IRDAI mandates AYUSH coverage for hospitalisation, OPD consultations for alternative therapies are generally excluded unless specifically offered by the insurer ...

Iyer stated that the regulator aims for the industry to reduce costs at all stages of the insurance life cycle. He mentioned ...

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 ...

India's insurance grievance system is buckling under pressure, with a significant surge in complaints, especially for health and general insurance. Claims disputes are the primary driver, with ...

Key opportunities in India's online insurance market include leveraging smartphone proliferation for policy purchases, utilizing UPI-based payment systems, and exploring IRDAI's regulatory sandbox for ...

New Delhi, Jan 4 (PTI) Mis-selling is a significant concern in the insurance sector, and insurers need to conduct a root cause analysis to identify the underlying causes, the regulator Irdai said in ...