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Irda likely to strengthen insurance ombudsmen
Insurance ombudsmen may soon be allowed to deal with the grievances of individual consumers involving claims higher than the Rs 20 lakh permitted at present. The scope may also be increased to cover all kinds of complaints, including mis-selling, from the issue of a policy to its maturity. The Insurance Regulatory and Development Authority (Irda) is looking into a proposal in this regard. Currently,

Covering life, health is not all

What comes to your mind first when you hear the term 'insurance'? Most would say Life Insurance Corporation. Some others are aware only about cover against the risk of death or life insurance and

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Irda caps commission on limited tenure policies
The insurance regulator has capped the agents’ commission paid by insurers for selling policies with limited premium payment tenure.

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SKS to relaunch life cover for micro borrowers

SKS Microfinance, the only listed micro lender in the country, plans to offer an endowment life insurance policy to its borrowers once again. The Hyderabad-based micro finance company had exited this

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Another step to curb misselling of insurance, albeit with lacunae

The Insurance Regulatory and Development Authority has asked life insurers to follow a standard

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Life insurance firms' premium collection down 16.3 % in April

In April, private companies continued to be a drag on the life insurance sector’s new premium collection. Data collected by the Insurance Regulatory and Development Authority (Irda) showed

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IRDA Galleries

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IRDA Videos

FM meets IRDA, discusses inves...
FM meets IRDA, discusses investments

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