by AIP Online Bureau | Sep 12, 2025 | Health, Indian News, Life, Non-Life, Policy, Regulation
Ajay Seth, chairman, IRDAI Though, basically it will be a welcome meeting for the insurers, Seth will use the forum to discuss a few things including the action plan by the insurers to implement the new goods and services tax (GST) plans announced by the government on...
by AIP Online Bureau | Sep 1, 2025 | Health, Indian News, Life, Non-Life
Ajay Seth, chairman, IRDAI Analysts expect Seth to hit the ground running with a massive growth agenda and Insurance for all by 2047, for the Indian insurance sector that generated over Rs 11 trillion premium in FY 25. Hyderabad: Former finance secretary Ajay Seth,...
by AIP Online Bureau | Aug 26, 2025 | Indian News, Regulation
IRDA’s order for suspending Sastry signed by Raja K Sinha , member, Distribution, IRDAI has said he has admitted the financial misconduct but didn’t mention the exact nature of the misconduct Hyderabad: In a first ever case, the IRDA has suspended one of junior...
by AIP Online Bureau | Aug 4, 2025 | Indian News, Life, Non-Life, Regulation, Risk Management, Technology
“IRDAI in exercise of the powers under Section 102 of the Insurance Act, 1938, has imposed a penalty of Rs. Five Crore on M/s Policybazaar Web Aggregator Pvt. Ltd. (Now known as “M/s Policybazaar Insurance Brokers Pvt. Ltd.”) along with direction,...
by AIP Online Bureau | Jul 28, 2025 | Health, Life, Non-Life, Regulation
Some of the other issues, which will be matter of focus for Seth, is falling insurance penetration in the country and unaffordability of insurance premium, particularly health insurance, about which of late the government has been vocal about. Hyderabad: Former...
