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
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IRDAI proposes new Guidelines on Remuneration of Non-Executive Directors and MD/CEO/Whole-time Directors of Insurance companies; comments invited by 19th January, 2022
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IRDAI clarifies that health insurance policies will cover the costs of treatments for infections occuring due to Omicron variant of COVID-19
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IRDAI provides further extension to the period for offer and renewal of short term Covid specific health policies, including Corona Kavach Policy and Corona Rakshak Policy, till 31st March, 2022
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