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‘Money Maxima’: A new product by Tata AIA Life launched

Tata AIA Life Insurance launched a product ‘Money Maxima’, a long-term plan which is compliant with new IRDA guidelines.  What is Money Maxima? Money Maxima is a long...

January 16, 2014

Suresh Mathur Committee: IRDS sets up panel to study FDI in insurance intermediaries & TPA

The insurance sector regulator, Insurance Regulatory and Development Authority (IRDA) set up a 10-member committee to study the options of allowing 100 % Foreign Direct Investment (FDI) in...

January 15, 2014

RBI relaxes group limit for NBFCs in insurance joint ventures

RBI has decided to consider a case-to-case basis relaxation of the 50% group limit norm for NBFCs (Non-Banking Finance Companies) in the equity of insurance joint venture (JV)....

November 30, 2013

Unique Identity Numbers to hospitals: IRDA

With a view to aid in identifying hospitals and gathering information regarding various charges imposed by them on different medical procedures, the Insurance Regulatory and Development Authority (IRDA)...

November 27, 2013

More regulatory reforms for insurance sector to spur growth: IRDA chief

As per Insurance Regulatory and Development Authority (IRDA) Chairman T. S. Vijayan, the insurance industry will undergo another round of regulatory reforms, particularly focused on distribution channel, to...

October 16, 2013

IRDA relaxes investment norms

Insurance Regulatory and Development Authority (IRDA) has relaxed the investment norms for the firms like Housing finance and infrastructure finance companies to allow these companies to get higher...

August 14, 2013

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