Bancassurance is usually considered “win-win” for a bank and an insurance company as they enter into a tie-up for distribution of insurance products. But, if a vast section…
Read more Bancassurance, the key to universal coverageInsurance regulator IRDAI’s new corporate governance guidelines have reduced the engagement period of statutory auditors with insurance companies. Audit firms now have a four-year term for joint statutory…
Read more IRDAI reduces audit firm term to bolster audit qualityHinduja Group’s IndusInd International Holdings (IIHL) on May 10 received the long-awaited Insurance Regulatory and Development Authority of India’s approval for the acquisition of Reliance Capital. Also read:…
Read more Reliance Capital acquisition: Hinduja Group’s IIHL gets IRDAI approvalIn a significant regulatory revamp, Insurance Regulatory and Development Authority (IRDAI) has replaced 34 existing regulations with six regulations and introduced two new regulations. On March 19, the…
Read more Insurance regulator rolls out revised set of regulationsPB Fintech on Friday said that insurance regulator IRDAI has granted in-principle approval to its wholly owned subsidiary Policybazaar Insurance Brokers (Policybazaar) to upgrade its license from a…
Read more IRDAI gives in-principle nod for Policybazaar to upgrade license, enter reinsurance sellingIndusInd Bank is set to approach the IRDAI to seek licence to operate in the insurance industry. In a press conference held to discuss March FY23 quarter results,…
Read more IndusInd Bank to apply for insurance licenceThe Insurance Regulatory and Development Authority of India (IRDAI) has approved two new life insurance companies.. “In the 121st meeting of Insurance Regulatory and Development Authority of India two new…
Read more IRDAI approves two new life insurance companiesInsurance regulator Irdai on Friday gave the final approval to Go Digit General Insurance for listing on stock markets. Markets regulator Sebi has in September kept in ‘abeyance’…
Read more Irdai gives final approval to Go Digit General Insurance for listing
