This was communicated to the insurers at Bima Manthan, a two-day event hosted by the insurance regulator where industry ...

The Insurance Regulatory and Development Authority of India (IRDAI) has introduced a new payment system, Insurance-ASBA ...

The Insurance Regulatory and Development Authority of India (IRDAI) has floated the Bima-ASBA facility to simplify insurance ...

Irdai has established a seven-member committee led by ex-SBI Chairman Dinesh Khara to review and suggest amendments to the ...

Irdai's decision to implement ASBA facility for insurance premium payment will benefit customers by eliminating unauthorised ...

IRDAI fines UIB Insurance Brokers ₹1 crore for delayed premium and claim remittance, with 45-day payment deadline.

ASBA, a facility eliminating unauthorised deductions and enhancing transparency in premium payments. Policyholders can now block funds in their bank accounts, which are debited only upon policy ...

MUMBAI: Insurance Regulatory and Development Authority (Irdai) has set up a high-powered committee led by former SBI chairman ...

The total amount that was pending with the Broker beyond the due date is Rs. 1,62,70,784/- (Rs. One Crore Sixty Two Lakh Seventy Thousand Seven Hundred and Eighty Four only). (For details, reference ...

The government’s major reforms proposals include composite licence, differential capital, reduction in solvency norms, ...

The Insurance Regulatory and Development Authority of India has formed a committee to explore amendments to the Insurance Act ...

In a major leap for the insurance sector, Bajaj Allianz Life has become the first company to introduce the Bima-ASBA facility. The innovative service is in line with the Insurance Regulatory and ...