In a circular dated August 27, the regulator said that it had received representation from New Development Bank to permit Insurers to invest in Maharajah INR Bonds. NDB plans to use the proceeds for general corporate purposes, including financing or onward le…

Inflows into non-ULIP schemes have risen a modest 2% and 5% for fiscal years 2024 and 2025, respectively; this is sharply lower than the 13% and 18% growth in the previous two years

IRDAI mandates insurers to tie executive pay to customer satisfaction and financial performance, enhancing governance and transparency.

IRDAI mandates insurers to tie executive pay to customer satisfaction and financial performance, enhancing governance and transparency.
The Insurance Regulatory and Development Authority of India (Irdai) has made amendments to the IRDAI (Corporate Governance for Insurers) Regulations, 2024.
India Business News: NEW DELHI: Non-life insurance has become a distribution game with intermediaries making most of the money even as insurers suffer underwriting losses .

IRDAI has directed insurers to review their cybersecurity posture and submit an action taken report on AI cyber readiness by May 22. The post India’s insurance regulator orders firms to strengthen defences against AI-powered attacks by May 22 appeared first o…

Bond forwards are widely used by Indian insurers to hedge interest-rate risk. Banks typically sell the contracts, agreeing to deliver securities at a fixed price on a future date