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  • IRDAI likely to rollout 'scorecards' to rank health insurers, hospitals based on claims, transparency 

    IRDAI may rollout these scorecards from June to track metrics such as claim settlement speed, billing practices and documentation standards to help policyholders make informed choices

  • IRDAI grants 12-month relief for IFRS, RBC rollout to all insurers

    The regulator, at its 135th Authority meeting held on March 30, approved amendments mandating insurers to prepare financial statements under Ind AS from April 1, 2026, but allowed a one-year regulatory forbearance for companies unable to immediately comply with the new framework.

  • General insurers seek 1-year extension to April 2027 for IFRS, RBC rollout

    While some insurers believe they can operationalise the transition within a shorter timeframe, the industry has collectively opted to seek a longer buffer. 

  • What IRDAI’s Public Insurance Registry aims to fix 

    The Public Insurance Registry is still in the design and consultation stage, with discussions ongoing between the regulator and industry stakeholders

  • IRDAI’s Public Insurance Registry may bring ‘CIBIL-like’ scores, reshape underwriting

    At the heart of the initiative is an industry-wide scoring system that assigns risk profiles based on claims history, fraud markers and behavioural patterns

  • New insurance accounting rules from April 1: What Ind AS shift means for insurers, policyholders

    The changes may significantly alter actuarial calculations, profit recognition, and balance sheets for insurers, even as policyholder contracts themselves remain unaffected

  • IRDAI expected to examine ‘dark patterns’ as survey flags widespread use on insurance platforms

    Survey finds over 80% users faced manipulative design practices; interface interference most common

  • Insurance regulator under scrutiny as NHRC flags policy denial to differently-abled

    The NHRC has directed IRDAI to respond within a stipulated timeline, a move that could push the regulator to revisit existing norms

  • IRDAI likely to grant one-year extension to HDFC Life CEO Vibha Padalkar because of tenure norms

    Sources said the proposed extension is likely from September 2026

  • IRDAI, CII push 'basic health cover' and data-led pricing to reset insurer-hospital dynamics

    The earlier discussions of forming a regulatory body for health insurers and hospitals may be off the table, confirmed one industry executive familiar with the matter

  • IRDAI may allow phased Ind AS rollout amid earnings volatility concerns

    Insurers, analysts warn new accounting norms could disrupt near-term profit visibility

  • IRDAI steps up push for Public Insurance Registry, Bima Sugam; insurers flag data concerns

    The discussions centred around standardising data-sharing protocols and accelerating system integration across insurers, as the regulator looks to build a centralised repository of policyholder records under the PIR

  • Insurance claim rejected? How to take the complaint to IRDAI without getting stuck in the process

    When a claim is denied, many policyholders assume there’s nothing left to do. In reality, there’s a clear escalation path if you believe the rejection isn’t justified.

  • IRDAI’s zero-tolerance fraud push forces insurers to invest in AI-led monitoring before April 2026

    With the April 2026 deadline approaching, insurers are expected to accelerate investments in digital fraud detection systems and cross-industry data sharing platforms as the sector transitions towards real-time fraud governance

  • Insurers, IRDAI hunt for actuaries as Ind AS rollout nears

    While the reform aims to improve transparency and global comparability of financial statements, it also requires deep integration of actuarial modelling with finance and accounting functions, a capability that remains scarce in India’s insurance sector

  • India needs more actuaries as it moves to risk-based capital, IFRS convergence, says Irdai chairman Ajay Seth

    The shortage of actuarial talent poses a challenge as India strengthens its financial protection architecture and aligns with global regulatory and accounting frameworks, Seth has said

  • Inside the delay: Why Bima Sugam India Federation is not ready despite multiple launch timelines

    At the heart of the project sits a structural paradox — the platform seeks to unify an ecosystem whose strongest participants are, at the same time, contenders

  • IRDAI should shift to segment-wise EOM compliance to curb cross-subsidisation, says Generali Central MD & CEO Anup Rau

    The current framework allows insurers to cross-subsidise loss-making wholesale and regulated segments using profits from retail business, creating pricing distortions, Rau tells Moneycontrol

  • Economic Survey 2026: Maximum penalty for insurers raised tenfold to Rs 10 crore

    Move aims to strengthen policyholder protection and tighten regulatory enforcement across insurance and intermediary ecosystem

  • Universal Sompo’s health portfolio up 8% after GST cut: MD Sharad Mathur

    The company is targeting a premium income of Rs 6,000 crore in FY26, compared with Rs 5,000 crore in the previous financial year

  • IRDAI, insurers likely in talks to relax investment rules amidst amendments to Insurance Act

    This potential development comes at a time when the Reserve Bank of India (RBI), too, recently flagged concentration risk in government securities

  • What is mis-selling in insurance, and why has IRDAI flagged it in its latest report? | Explained

    The regulator noted that mis-selling frequently leads to higher premiums, dissatisfaction and ultimately non-renewal of policies, contributing to a rise in lapse cases across the industry.

  • IRDAI likely working on commission cap rules, draft norms expected in 4 months

    Insurers, intermediaries asked to brace for tighter oversight on payouts after Insurance Act amendments

  • India’s reinsurance market grows 11% to Rs 1.12 lakh crore in FY25

    During FY25, the gross reinsurance premium written by Indian reinsurers and FRBs stood at Rs 69,228.64 crore. Of this, domestic business continued to dominate, accounting for nearly 85 percent of the total, while foreign business contributed the remaining share

  • PSU general insurance merger likely still at preliminary stage

    Industry officials familiar with the matter say the government is still at a preliminary assessment stage, with no formal execution plan or timeline in place

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