by AIP Online Bureau | Jul 18, 2025 | Data, Health, Non-Life
“We expect slower industry growth largely due to a slowdown in motor sales…… Retail health expanded 9.8 per cent YoY while group remained flat at -0.1 per cent YoY dragged by lower corporate policy renewals.” New Delhi: The insurance industry in India is...
by AIP Online Bureau | Mar 28, 2023 | Health, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance, Technology
Premium in Rs, crore The new limit on EoM will be effective from April 1 The general and health insurers have to ensure that their expenses of management are within the allowable limit on the overall basis. Where the insurer has exceeded the allowable limits of...
by AIP Online Bureau | Mar 26, 2023 | Indian News, Life, Non-Life, Regulation
New measures to be effective from Apr 1 The IRDAI also approved licenses of two new life players-Acko Life Insurance and Credit Access Life Insurance Hyderabad: With a bit of delay, insurance regulator IRDAI had its last board meeting of the current fiscal, FY2022-23,...
by AIP Online Bureau | Aug 1, 2022 | Health, Indian News, Non-Life, Technology
Every insurer has to formulate a business plan in advance on an annual basis, which has to be approved by the respective board. The plan should, at the minimum, clearly state the the projected requirements of capital during the said financial year, projection of...
by AIP Online Bureau | Jun 7, 2022 | Health, Indian News, Life, Non-Life, Regulation
Rakesh Joshi, member (Finance and Investment), IRDAI Rakesh Joshi, member (Finance and Investment),IRDAI, had met chief financial officers (CFOs) of insurance companies and outlined IRDA’s agenda of laying out a clear cut road map on expenses of management so...
