Poor response to open architecture in insurance distribution
Only one player has received IRDAI’s approval to float Insurance Marketing Firm (IMF).
by Team Cafemutual Nov 17, 2015
IRDAI imposes Rs. 16 lakh fine on IDBI Federal Life Insurance
The company was found to have paid commission exceeding the approved commission structure.
by Team Cafemutual Nov 10, 2015
IRDAI seeks relaxation on TDS charged on maturity proceeds
From October 2014, insurers have started deducting 2% TDS on maturity proceeds of life insurance policies if the premium paid is more than 10% of the sum assured.
by Ravi Samalad Nov 7, 2015
6 insurers plan to raise FDI to 49%
Nilesh Sathe, Member-Life, IRDAI urged insurers to go public.
by Team Cafemutual Nov 6, 2015
Distributors should be adequately remunerated: IRDAI
Nilesh Sathe, Member Life, IRDAI said that the compensation has to come from investors pockets only.
by Ravi Samalad Nov 5, 2015
IRDAI asks insurers to comply with Ombudsman orders
The insurance regulator has received complaints that many insurers are not paying heed to the orders and awards of Ombudsman, Consumer Forums and Motor Accident Claims Tribunals.
by Team Cafemutual Nov 4, 2015
