IRDAI issues press release to clarify that charges for hospitalization following adverse reaction to Covid-19 vaccination to be covered under health insurance policies by Anum Ahmed | Mar 23, 2021 | Central, INSUR, InsuranceThe Insurance Regulatory and Development Authority of India (“IRDAI”) has issued a press release... Read More
IRDAI issues directions to insurers to facilitate vaccination of their policyholders and employees with respect to COVID-19 virus by Anum Ahmed | Mar 23, 2021 | Central, INSUR, InsuranceThe Insurance Regulatory and Development Authority of India (“IRDAI”) has issued a letter to all... Read More
IRDAI modifies guidelines on standard individual health insurance product ; insurers mandated to offer the sum insured between Rs. 50,000/- to Rs.10,00,000/- under the standard product Arogya Sanjeevani w.e.f 1st May,2021 or earlier by Anum Ahmed | Mar 23, 2021 | Central, INSUR, InsuranceWith a view to enhance the coverage available under “Arogya Sanjeevani Policy”, The Insurance... Read More
Insurance (Amendment) Bill, 2021 introduced in Rajya Sabha; proposes changes in the percentage of equity shares by foreign investors including portfolio investors by Anum Ahmed | Mar 18, 2021 | Central, INSUR, InsuranceBy a Gazette Notification dated 15th March, 2021, a Bill has been introduced in the Rajya Sabha to... Read More
IRDAI rolls out modified guidelines on product filing in health insurance business; status report for FY 2020-21 should be filed by 30th September, 2021 by Anum Ahmed | Mar 18, 2021 | Central, INSUR, InsuranceThe Insurance Regulatory and Development Authority of India (“IRDAI”) in a Circular dated 16th... Read More
IRDAI directs Non-Life Insurers to collect and submit Rural Insurance data formats from FY 2017-18 by 31.03.2021; data for FY 2020-21 onwards to be sent to IIBI within 3 months of close of FY by Lexplosion | Mar 5, 2021 | Central, INSUR, InsuranceTo monitor the performance of Rural Insurance Business and support the development of policy and... Read More
