Current Affairs

GK MCQs Section

Topic: IRDAI

Motor Third Party Premium and Liability Rules for the Financial Year (FY) 2023-24

The Ministry of Road Transport and Highways has recently released a draft proposal regarding the premium rates for third-party motor insurance for the financial year (FY) 2023-24.  No...

June 21, 2023

Surety Bonds Insurance Product for Infrastructure Sector

The Union Ministry of Road Transport and Highways is set to launch India’s first-ever surety bonds insurance product for highway contractors on December 19 this year. This comes...

December 9, 2022

IRDAI Committee to expand health insurance coverage

Insurance Regulatory and Development Authority (IRDAI) has set up a consultative committee to expand health insurance cover in India. What is the committee’s purpose? The 15-member committee has...

October 29, 2022

IRDAI Bima Manthan 2022

“Bima Manthan 2022” is being organised by ‘Insurance Regulatory and Development Authority of India (IRDAI)’. This is the first hackathon and is being organised under theme- “Innovation in...

August 18, 2022

IRDAI guidelines on Surety Insurance

The IRDAI recently issued guidelines for surety insurance. Under the guidelines, the Insurance Regulatory and Development Authority of India has capped the surety insurance to 10% of the...

January 4, 2022

IRDAI Guidelines on Trade Credit Insurance

The Insurance Regulatory and Development Authority of India (IRDAI) recently issued draft guidelines for general insurance companies. The guidelines mainly focus on credit insurance products with customised covers...

April 8, 2021

IRDAI: Health Insurance and Motor Insurance Filing Process Standardised

The Insurance Regulatory and Development Authority of India (IRDAI) recently standardised the technical notes for filing health and motor insurance policies. The IRDAI has lately been taking up...

April 3, 2021

IRDAI Launches Standard Personal Accident Cover

The Insurance Regulatory and Development Authority (IRDAI) has launched a standard personal accident cover called Saral Suraksha Bima. This accident cover will be mandatorily offered by the general...

February 26, 2021

Bharat Griha Raksha Policy: The Home Insurance Policy

The IRDAI is to introduce standard products covering the risk of fire and allied perils. The policy being introduced is to replace the Standard Fire and Special Perils...

January 6, 2021

IRDAI proposes Standard Travel Insurance policy

The Insurance Regulatory and Development Authority of India (IRDAI) recently proposed the “Standard Travel Insurance Policy”. The Policy aims to ensure insurance coverage during domestic as well as...

December 29, 2020

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