Comments invited on draft Rights of Persons with Disabilities (Amendment) Rules, 2024 incorporating Guidelines for Accessibility Standards in Insurance Sector
In continuation to the Update reported earlier (please refer to the e-mail in trail), the Ministry of Social Justice and Empowerment has […]
Certain provisions of the ESI Act, 1948 to be effective in specific Districts of Bihar from 1st June, 2023
The Ministry of Labour and Employment has notified that the following provisions of the Employees’ State Insurance Act, 1948, will gain effect […]
IRDAI issues cyber security standards for Insurance intermediaries including brokers, corporate agents, etc under the Guidelines on Information and Cyber security
Due to the recent Cyber-attacks, Insurance Regulatory and Development Authority of India ( “IRDAI”) has revised the Audit Checklist (Annexure – 1) […]
IRDAI extends Guidelines on Information and Cyber Security to Insurance Intermediaries with immediate effect
The Insurance Regulatory and Development Authority of India ( “IRDAI”) has extended the applicability of Guidelines on Information and Cyber Security (“Guidelines”) […]
IRDAI issues a framework for new appointment or continuation of common director representing insurance agent, insurance intermediary under Insurance Act 1938
The Insurance Regulatory and Development Authority of India ( “IRDAI”) has laid down the following framework for new appointment or continuation of […]
IRDAI launches Single Window NOC portal for insurers
The Insurance Regulatory and Development Authority of India ( “IRDAI”) has launched a Single Window NOC Portal (www.noc.irdai.gov.in) with the intention to […]
Insurers (Life, General and Health) directed to publish on their respective websites, the aspects of underwriting philosophy and approach of offering Health Insurance Coverage to Transgender persons
The Insurance Regulatory and Development Authority of India has directed all Insurers (except ECGC and AIC) to disclose underwriting philosophy of offering […]
IRDAI reduces the obligatory cession of sum insured on insurance policies to be re-insured with ‘General Insurance Corporation of India’ to 4 % from existing 5%; effective for the financial year beginning from 1st April, 2022 to 31st March, 2
The Insurance Regulatory and Development Authority of India (“IRDAI”) has notified the “Obligatory Cession for the financial year 2022-23” thereby reducing the […]
IRDAI clarifies that health insurance policies will cover the costs of treatments for infections occuring due to Omicron variant of COVID-19
The Insurance Regulatory and Development Authority of India has clarified that all health insurance policies issued by all general and health insurance […]