IRDAI proposes a five-year transition to lower EoM caps, with tighter distributor commissions and greater disclosure for insurers.
Insurance
IRDAI Eyes 5-Year Glide Path To Cut EoM Caps To 20% For General Insurers, 12.5% For Life Insurers
Reading Between The Lines: IRDAI Eyes Credit Data For Insurance Scores. Where Are The Guardrails?IRDAI has invited comments on the paper until Sept. 30. The registry is an important piece of public infrastructure and much of what it proposes is overdue. But the risk score deserves scrutiny before the paper becomes regulation.
General Insurance Premiums Rise 10% In August; Acko, Niva Bupa, Star Health Lead GrowthGeneral insurance premiums rose 10% to Rs 27,454 crore in August, led by Acko, Niva Bupa and Star Health. Check insurer-wise premium growth.
Paying Rs 50,000 A Year For Insurance? How Much Of It Is Actually Cover And How Much Is Investment?If you pay Rs 50,000 a year towards a ULIP, the entire amount does not go into investments. A part is used for life cover and applicable charges, while the remaining amount is allocated to investment funds.
All Your Insurance Policies In One Place: What Is Public Insurance Registry And How Will It Work?IRDAI's proposed Public Insurance Registry could offer a unified view of insurance policies, simplify claims and help families find unclaimed insurance money.
Profit Booking? New India Assurance Shares Tank 14% In Trade TodayThe decline in shares is likely a case of profit-booking, as the scrip edged sharply higher over the past couple of sessions.
ICICI Lombard Fined Rs 1 Crore By IRDAI Over Outsourcing NormsThe company said it received the order dated September 7, 2026, following an onsite inspection conducted by IRDAI in September 2019.
LIC Steals The Show: First-Year Premium Soars 45% To Outpace Private Insurers In AugustLIC's August performance puts the state-owned insurer firmly ahead of its private-sector peers on first-year premium growth.
Up 66% in 6 Months, 20% Today! What's Driving The New India Assurance Stock To 52-Week High?The sharp move has added to the stock's recent gains. New India Assurance shares have risen 17.4% over the past five trading sessions and 32.8% in the last month. Over the past six months, the stock has surged 65.92%.
IRDAI Plans Public Insurance Registry To Close Information Gaps In Insurance SectorIRDAI has proposed a Public Insurance Registry to create a more transparent and connected insurance system.
IRDAI Action On Niva Bupa: Morgan Stanley Sees Positive Impact On Insurance SectorIRDAI has barred Niva Bupa from opening new business locations for six months. Morgan Stanley sees the action as positive for the insurance sector.
Health Insurance Claims: Room Rent, Co-Pay And Other Key Reasons For DeductionsUnderstanding common deductions can help policyholders navigate the claims process effectively and avoid unnecessary out-of-pocket costs.