Latest News on Irdai
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Irdai - Total results - 61
Sep 04, 2019
RBI task force moots central corporate loan contract registry; suggests creation of self-regulatory body of participantsThe six-member task force was formed to examine the scope for developing a secondary market for corporate loans and make recommendations to facilitate rapid development of such a vibrant market.
Aug 21, 2019
Union Bank says lenders may be forced to convert half of their DHFL debt into equity, will be for short-termDHFL has become the poster-boy of the NBFC crisis that afflicted the financial sector after the infra-lender IL&FS went belly up last September
Aug 16, 2019
LIC beats private sector players in new premium income in July; records over 3% rise at Rs 15,312 cr: IRDAIThe new premium collected by LIC in the first four months of 2019-20 jumped 52 percent to Rs 60,106.66 crore, the data showed.
Jul 09, 2019
No proposal with IRDAI for 10% stake sale in Max Life to Axis bank: Max Financial ServicesMax Financial Services on Tuesday said it has not approached insurance regulator IRDAI with any proposal to sell 10 percent stake in its insurance subsidiary Max Life to Axis Bank
Apr 10, 2019
Irdai asks insurance companies to share status of claims with policyholders from 1 JulyInsurance companies will have to inform about claim settlement status to policyholders at various stages of processing from July, Irdai said on Wednesday
Mar 18, 2019
Bharti AXA Life's premium grows 28% in 9 months of current fiscal; to focus on tier 2, 3 cities to expand businessBharti AXA Life Insurance, a joint venture between Bharti Enterprises and French insurance major AXA, saw its asset under management grow to Rs 5,264 crore as on 31 December, 2018 from Rs 4,215 crore on 31 December, 2017.
Mar 14, 2019
Life insurers register 33% growth in new premium income at Rs 18,209 cr in February, IRDAI data showsIndia's life insurance industry witnessed a rise of 32.7 percent in its collective new premium income at Rs 18,209.50 crore during February 2019, data from IRDAI showed
Mar 11, 2019
Insurance regulator seeks proposal from LIC on stake reduction in IDBI BankArray
Mar 06, 2019
IRDAI wants insurers to use own judgement along with rating before investing, asks to make provisions for IL&FS exposureIt could be noted that some of the listed companies of the now crippled IL&FS group were downgraded by ICRA and CARE Ratings
Jan 31, 2019
Insurance companies have to make provisions for their exposure to IL&FS: IRDAI chief Subhash Chandra KhuntiaExposure to IL&FS cannot be written off; they will have to make provisions, IRDAI chief Subhash Chandra Khuntia said