THE GAZETTE OF INDIA : EXTRAORDINARY [PART III —SEC. 4] INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA NOTIFICATION Hyderabad, the 17th February, 2016 INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (INSPECTION AND FEE FOR SUPPLY OF COPIES OF RETURNS) REGULATIONS, 2015 F. No. IRDAI/Reg/2/114/2016..—In exercise of the powers conferred by section 114 A(2) (h) and… Read More »
THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 17th February, 2016 G.S.R. 179(E).—In exercise of the powers conferred by sub-section (1) and clause (lb) of sub-section (2) of section 114, read with sub-sections (2) and (6) of section 110 of the Insurance Act,… Read More »
Guidelines on Product Filing Procedures for General Insurance Products The guidelines on product filing procedures for general insurance products are issued considering the actual experience gained on the guidelines and circulars on file and use requirements for general insurance products in force, evolving needs of consumers and flexibility required for general insurers to respond to… Read More »
Source Insurance Regulatory and Development Authority of India IRDAI (Registration and Operations of Branch Offices of Foreign Reinsurers other than Lloyds) (First Amendment) Regulations, 2016
Source Insurance Regulatory and Development Authority of India Ref:IRDA/CAGTS/CIR/LCE/029/02/2016 Date:16-02-2016 The Authority has notified the IRDAI (Registration of Corporate Agents) Regulations, 2015 on 20.08.2015 and has issued instructions for obtaining Certificate of Registration under IRDAI (Registration of Corporate Agents) Regulations, 2015 vide Ref. No. IRDAI/CAGTS/GDL/LCE/ 202/ 11/ 2015 dt 18.11.2015. We have to inform you… Read More »
Source : Insurance Regulatory and Development Authority of India 11-02-2016 Consequent upon promulgation of Insurance Laws (Amendment) Act, 2015 a new section in the Insurance Act, 1938 has been incorporated which reads as under- Section 14(2) of the Insurance Act, 1938, has given the provision that “Every insurer shall, in respect of all business transacted… Read More »
Source IRDA Date:03-02-2016 Insurance Regulatory and Development Authority of India (Loans or Temporary advances to the Full-time Employees of the Insurers) Regulations, 2016 Insurance Laws (Amendment) Act 2015 has carried out amendments to the section 29. The amended Section 29 (3)(a) empowers the Authority to frame regulations on the loans or temporary advances to the… Read More »
Insurance Regulatory and Development Authority of India Ref:IRDA/BRK/MISC/CIR/018/01/2016 Date:01-02-2016 We are pleased to inform you that Insurance Institute of India (III) has developed the Brokers’ Training Module and has communicated their readiness to start online training for renewal of licence for brokers from 1stFebruary, 2016. The prospective candidates may make use of this opportunity for renewal… Read More »
EXPOSURE DRAFT Ref:Ref No :IRDAI/NL/RI/ RI Reg/ Date:29-01-2016 INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (GENERAL INSURANCE-REINSURANCE) REGULATIONS, 2016. IRDA (General Insurance-Reinsurance) Regulations, 2013, was notified on 7th February, 2013, stipulating various matters concerning reinsurance business transacted by the insurers/ reinsurers in India. The Insurance Act 1938 has been amended. The Insurance Laws (Amendment) Act, 2015,… Read More »
Source : Insurance Regulatory and Development Authority Guidelines on Cross Border Reinsurers Ref: IRDAI/NL/GDL/RIN/017/01/2016 Date: 19-01-2016 1. Introduction The… Read More »