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Revision of Health Insurance Regulatory Returns

23 May 2022 ToAll Insurers (except ECGC, AIC) Sir/Madam, 1. This has reference to the master circular on standardization of health insurance products issued vide ref no. IRDAI/HLT/REG/CIR/193/07/2020 dated 22.07.2020.…

Dividend Criteria for Equity Investment under “Approved Investment”

Date : 24th March, 2022 In continuation to circular no: IRDAI/F&I/CIR/INV/255/09/2021 Dt. 27th Sep, 2021 on the subject, the Authority in exercise of its powers conferred under Regulation 14(2) of…

Disclosure of underwriting philosophy of offering Health Insurance Coverage to Transgender persons

7th March, 2022 ToAll Insurers (Except ECGC and AIC) 1. Reference is drawn to the provisions of IRDAI (Health Insurance) Regulations, 2016 in accordance to which every insurer shall evolve…

Holding more than one Certificate of Registration to one group

1. Clause (d) of sub section (9) of Section 2 of Insurance Act, 1938 provides that a “foreign company” engaged in reinsurance business can transact the business of reinsurance through…

Review of Articles of Association (AOA) of Indian Institute of Insurance Surveyors and Loss Assessors (IIISLA)

l4th February,2022 The Authority had constituted Surveyors and Loss Assessors Committee vide Order No. IRDA/SURV/ORDER/MISC/10010412020 dated 2410412020. This committee is constituted as per Regulations 10 of IRDAI (Insurance Surveyors &…