Insurance companies have sought clarification from Irdai on a provision barring directors from holding board roles across ...

This potential development comes at a time when the Reserve Bank of India (RBI), too, recently flagged concentration risk in ...

Many insurers are now facing scrutiny from the Insurance Regulatory and Development Authority of India (IRDAI) for ...

The Insurance Regulatory and Development Authority of India (IRDAI) is likely drawing up a framework to cap commissions paid ...

IRDAI’s move to tighten control over insurance commissions is rooted in hard data that shows a widening gap between ...

IRDAI highlights a rise in unfair business practices complaints in its Annual Report 2024–25, urging insurers to improve ...

Irdai has flagged mis-selling as a major concern in India's insurance sector, asking insurers to conduct root-cause analysis, ...

India’s insurance penetration remained unchanged at 3.7 per cent in 2024-25, highlighting the sector’s slow structural ...

The number of policyholder grievances in India’s insurance sector remained low relative to the scale of coverage during ...

IRDAI has imposed a Rs 1 crore penalty on Reliance General Insurance for violations related to intermediaries, outsourcing ...

Data in the IRDAI Annual Report 2024–25 shows that grievances categorised under Unfair Business Practices increased to 26,667 ...