Insurance (Amendment) Bill, 2021 introduced in Rajya Sabha; proposes changes in the percentage of equity shares by foreign investors including portfolio investors by Lexplosion Solution | 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 Lexplosion Solution | 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
IRDAI directs all the general and health insurers to communicate basic information about the health insurance policy to the policyholders within 1st June, 2021 by Lexplosion | Mar 5, 2021 | Central, INSUR, InsuranceWith a view to continue the relationship with policyholders and to ensure information flow, the... Read More
IRDAI constitutes Committee to review IRDAI’s Guidelines on Information and Cyber Security for insurers by Lexplosion Solution | Mar 2, 2021 | Central, INSUR, InsuranceThe Insurance Regulatory and Development Authority of India (“IRDAI”) has notified the formation... Read More
IRDAI issues letter to general and health insurers on settling cashless health insurance claims for Covid-19 treatment; emphasizes on ‘Reference rates for COVID-19 treatment’ issued by General Insurance Council for guidance by Lexplosion | Jan 19, 2021 | Central, INSUR, InsuranceThe Insurance Regulatory and Development Authority of India (“IRDAI”) has in a letter addressed to... Read More
