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 ...

The new payment mechanism, aims to streamline the payment process for life and health insurance policies, will be effective ...

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

Bajaj Allianz Life Insurance introduces Bima-ASBA for policyholders, offering convenience, transparency, and flexibility in ...

Irdai has formed a committee led by former SBI chairman Dinesh Khara to implement proposed amendments to the Insurance Act, ...

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

Insurance regulator Insurance Regulatory and Development Authority of India has asked life and health insurers to provide ...

This eliminates the need for upfront premium payments and ensures greater financial security and transparency, says a release ...

Both the Life and General Insurance Councils have to issue a standard declaration within a week of Irdai's circular to be ...

Bima-ASBA allows policyholders to opt for the Unified Payments Interface (UPI) One-Time Mandate (OTM) and authorise the blocking of a specified amount-up to Rs 2 lakh-in their bank account via UPI ...

Insurance regulator Irdai has directed life and health insurers to provide Bima-ASBA, a facility allowing policyholders to ...