1. In the Act, for "Controller" wherever it occurs, substitute "Authority". 2. After section 30, insert the following:- "30A. Exclusive privilege of Corporation to cease - Notwithstanding anything ...

The composition of IRDA (Insurance Regulatory and Development Authority), under section 4 of IRDA Act, 1999, signifies Authority. The Authority is a 10 member team who are appointed by the government ...

THE INSURANCE Regulatory and Development Authority (IRDA) is considering a proposal to allow cross-selling of micro-insurance products by insurance companies. Cross-selling means one firm can sell the ...

Insurance regulator IRDA on Thursday allowed general insurance companies to prepare alternative products covering fire and allied risks. The objective of this initiative is to give more options to the ...

Ashok Hinduja had claimed they will clear lender dues worth Rs 9850 crore in 48 hours post IRDA approval India's Insurance regulator IRDA has approved the transfer of Reliance Capital's (RCAP) equity ...

Transparency is central to this effort, with the introduction of standard operating procedures for regulation-making and mandatory public consultation on all regulations by the Insurance Regulatory ...

MADURAI : Wondering why insurance companies are accepting policy premiums from vehicle owners through cheques, despite a 2002 notification issued by the Insurance Regulatory and Development Authority ...

Kolkata: The Insurance Regulatory and Development Authority (IRDA) has defined rural and social insurance products in terms of the minimum and maximum sum assured. The regulator also intends to ...

Insurance companies need to draft the terms and conditions of the policy in a language that is simple and easy-to-understand, which will help in reducing the grievances of customers, an IRDA advisory ...

The initial public offer guidelines for the insurance sector is likely next month, the Insurance Regulatory and Development Authority (IRDA) said. “The IPO guidelines could take a month-time and SEBI ...