Bajaj Finance slapped with ₹2 cr fine by IRDAI
The IRDAI conducted an onsite inspection of Bajaj Finance Limited from March 3 to March 5, 2021, covering the fiscal years 2018 to 2020
The IRDAI conducted an onsite inspection of Bajaj Finance Limited from March 3 to March 5, 2021, covering the fiscal years 2018 to 2020
Shares of LIC of India, SBI Life, HDFC Life, Max Financial Services gained up to 2% even after IRDAI raised surrender values.
IRDAI issues a master circular on General Insurance business repealing 13 circulars as part of reforms.
Insurers must decide on cashless authorisation requests immediately within one hour, says IRDAI
IRDAI's 'Bima Sugam' is projected to help India achieve 'insurance for all by 2047'
Capri expects to generate net fee income of ₹20 cr from insurance cross-sell in FY’25.
The company plans to make an initial investment ranging from ₹5 crore to ₹10 crore.
The current regulatory framework for surety bonds presents the general insurance industry with a unique opportunity to diversify their portfolio, says IRDAI chairman.
IRDAI is working with companies in the health insurance sector to ensure 100% cashless settlements for medical expense claims
The base premium rates for motor third-party insurance cover have been proposed at ₹2,094 for private cars below 1,000 cc.