According to Irdai, the non-life insurance industry’s overall ICR stood at 82.88 per cent in 2024–25, slightly higher than ...

The Insurance Regulatory and Development Authority of India (Irdai) is reviewing the gap between the number of health insurance claims settled and the amount actually paid. The regulator said it is ...

The Insurance Regulatory and Development Authority of India (IRDAI) is gearing up for the anticipated passage of the Insurance Amendment Bill by Parliament. This critical legislation promises to ...

Investments have quadrupled, and total premium growth has gone up from Rs 7.6 lakh crore in FY20 to Rs 11.9 lakh crore in ...

IRDAI has tightened motor insurance claim-settlement rules, mandating transparency, board-approved policies and faster processing. Complaints have declined, AI-based assessments are being used for ...

Mumbai: In a bid to make insurance affordable, the insurance regulator is likely to come with regulations to bring down the high commission payouts made to agents and other distributors. High ...

Many insurers are now facing scrutiny from the Insurance Regulatory and Development Authority of India (IRDAI) for overshooting the prescribed limits on expenses, which mainly include commissions. The ...

NEW DELHI: (Jan 4) Mis-selling is a significant concern in the insurance sector, and insurers need to conduct a root cause analysis to identify the underlying causes, the regulator Irdai said in its ...

For insurers that sell policies with guarantees or long-dated commitments, persistently low returns also compress margins and reduce flexibility in product design, industry executives said. IRDAI may ...