Category: Others

linkage of Aadhaar number to Insurance Policies is mandatory – IRDAI

linkage of Aadhaar number to Insurance Policies is mandatory under the Prevention of Money-laundering (Maintenance of Records) 2nd Amendment Rules 2017-IRDAI INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Ref : IRDAI/SDD/MISC/CIR/248/11/2017 Dated: 8th November, 2017 CIRCULAR To Life and General lnsurers (lncluding Standalone Health lnsurers) Sub: The Prevention …

Four Shareholders Directors appointed in SBI Central Board

Four Shareholders Directors appointed in SBI Central Board  STATE BANK OF INDIA (Constituted under the State Bank of India Act,1955) NOTICE Mumbai, the 19th June, 2017 No. BOD&GO/VKK/211.—Further to the Notice dated 02.05.2017, published in Gazette of India on 05.05.2017 and in three daily newspapers on 07.05.2017 (Times …

IRDAI Appoints Administrator for Sahara Insurance Company

IRDAI Appoints Administrator for Sahara Insurance Company, said it is acting prejudicial to the interests of holders of life insurance policie Public notice Appointment of Administrator for M/s Sahara India Life Insurance Company Ltd. The IRDAI has reasons to believe that M/s Sahara India Life Insurance Co. Ltd., …

FAQs on Insurance Ombudsman Rules 2017 by IRDAI

FAQs on Insurance Ombudsman Rules 2017 by IRDAI. Complaint to be made in writing within one year after making written representation to the insurer  FAQs on Ombudsman Scheme Date:19-05-2017 FAQs on Insurance Ombudsman Rules 2017 1) Who can approach Insurance Ombudsman? What is the procedure for lodging a complaint …

IRDAI-Guidelines on Remuneration of Non-executive Directors and Managing Director /Chief Executive Officer / Whole-time Directors of Insurers

To all Private sectors Insurers Ref:IRDA/F&A/GDL/LSTD/154/08/2016 Date:05-08-2016 Guidelines on Remuneration of Non-executive Directors and Managing Director /Chief Executive Officer / Whole-time Directors of Insurers Financial institutions like insurance companies are an important part of the financial system. Any risk that adversely affects the insurers also gets transmitted to …

IRDAI-Guidelines for Listed Indian Insurance Companies, 2016

Guidelines for Listed Indian Insurance Companies, 2016 The Authority, in exercise of the powers conferred by Section 14 of Insurance Regulatory and Development Authority of India Act, 1999, read with clause (b) of subsection (4) of Section 6A of the Insurance Act, 1938, hereby, issues the following guidelines. …

Caution List of outsourced Service Providers Entities-IRDAI. List of 24 entities not traceable for physical visit during CA investigation/audit

Caution List of Service Providers (Outsourcing Entities) Insurance Regulatory and Development Authority of India Public Notice Date:24-05-2016 Ref:IRDAI/LIFE/PNTC/MISC/103/05/2016 In pursuance to the Final Order No. IRDA/LIFE/ORD/MISC/267/12/2014 dated 1st December, 2014 in the matter of Future Generali India Life Insurance Co. Ltd., while conducting an audit by an independent …

Paternity Leave of 15 Days to Bank Male Employees

Ministry of Finance Press Release 08-03-2016 Paternity Leave to Bank Employees Grant of Paternity Leave to bank employees has been accepted under the 10th Wage Negotiation Settlement signed between Indian Banks’ Association (IBA) and the Unions/Associations of employees. Male employees with less than two surviving children shall be …