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Policies valid despite withdrawal of agency licences: IRDA

Thursday 10, June, 2010 - Insurance regulator IRDA today sought to assure customers that their policies would remain valid despite the withdrawal of licences of over 4,200 corporate entities, including HDFC Bank, Indiabulls ....

IRDA bans over 4,000 corporate agents

Wednesday 09, June, 2010 - The Insurance Regulatory and Development Authority (IRDA) has said that as many as 4,261 corporate agents, out of the total 7,000 in the country, are not authorised to sell policies from March 31, t ....

You’ll get to switch insurers, retain benefits too

Thursday 13, May, 2010 - Portability in health insurance is likely to become a reality soon. The General Insurance Council has recently submitted its revised format for portable health covers to the Insurance Regulatory & D ....

AIG, Prudential in talks to restructure Asian deal: Report

Tuesday 11, May, 2010 - American International Group Inc and Britain's Prudential Plc are in advanced talks to restructure the USD 35.5 billion sale of the US group's Asian unit in a move that would cut the cash considerat ....

Govt asks SEBI, IRDA to move court at once on ULIP issue

Wednesday 14, April, 2010 - Concerned over the ongoing public spat between the two regulators, Government today asked SEBI and IRDA to move court immediately on theSEBI-IRDA ULIP Row contentious issue of who will regulate unit ....

Insurance council says Sebi ban new ULIPs surprising

Tuesday 13, April, 2010 - The Life Insurance Council on Tuesday termed today's Sebi order of continuing its Friday ban to new Ulip schemes as "surprising" and said it will hurt the new players the most. "One was under th ....

Life insurers relieved after truce between IRDA, SEBI

Monday 12, April, 2010 - Life insurance players on Monday heaved a sigh of relief following a truce effected by the finance ministry between the two regulators--SEBI and IRDA-- on the ULIPs issue. Both the capital marke ....

New Irda model to give life cos more financial stability

Saturday 20, March, 2010 - Life insurers will see more financial stability in their business, with the insurance regulator mandating them to adopt a new model to assess various risks and compute the capital needed to cover su ....

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