Insurance Regulatory Development Authority

At present, as per Employees' State Insurance Act, 1948, it is mandatory for formal sector workers getting gross pay of up Rs 15,000 per month to subscribe to health insurance scheme run by the ESIC.

What it takes to create India's first int'l finance centre

CNBC-TV18‘s Latha Venkatesh caught up with SS Thakur, Chairman of the Policy Making Committee of International Financial Centre; Neeraj Gambhir, co-head, Nomura India; and eminent lawyer Jayesh H of JurisCorp, to discuss what it will take to create one.

IRDA's new guidelines ensure that 'Customer is king'

Insurance regulator IRDA has drafted guidelines that are aimed at making the insurance industry more transparent and customer-friendly

Insurance industry bats for revival; scripts a gameplan

The life insurance industry is confident of a revival in the sector. It has submitted four recommendations to the insurance regulatory development authority for staging a recovery for the insurance business, reports CNBC-TV18's Manasvi Ghelani.

Insurance needs big investment, hike in FDI limit: IRDA

The insurance industry needs big investments for growth in the coming years and will welcome hike in FDI cap, sectoral regulator Irda said today.

Reliance Capital gets nod to sell life insurance arm stake

Reliance Capital seems to have moved closer in selling stake in its life insurance business. The Anil Ambani group company has received in-principle approval from IRDA (Insurance Regulatory Development Authority) to sell 26% stake in Reliance Life Insurance to Japan’s Nippon Life Insurance.

Edelweiss Tokio Life Insurance gets R2 approval from IRDA

Edelweiss Tokio Life Insurance Company Limited on Monday announced that it has received the second stage R2 approval from the Insurance Regulatory & Development Authority (IRDA) to operate in the life insurance space.