Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Irdai panel for separate payments of vehicle, insurance…
New Delhi: Buyer of a new vehicle may have to pay cost of vehicle and insurance premium through separate cheques, if the recommendations of a committee to review MISP guidelines are accepted by the insurance…
IRDAI proposes changes in insurance advertisement regulations
New Delhi, : In a bid to protect consumers, regulator IRDAI has proposed to prohibit insurers from issuing advertisements that make claims which are beyond reasonable expectations of performance. The unfair and misleading advertisements will…
Irdai comes out with mandatory standard life insurance…
MUMBAI: In a move set to make life insurance covers cheaper and accessible, Irdai has come out with the guidelines for a standardized individual term insurance mandating all life insurance companies to offer these policies…
Irdai panel suggests reducing entry-level capital requirement for…
NEW DELHI: An Irdai committee has suggested reduction in entry-level capital requirement for standalone micro-insurance companies to Rs 20 crore from the current Rs 100 crore with a view to accelerate expansion of this segment…
About 15 lakh took Covid insurance in a…
About 1.5 million lives have been insured within a month under the two Covid-19 specific insurance policies, Corona Kavach and Corona Rakshak, according to Subhash Khuntia, chairman of the Insurance Regulatory and Development Authority of…
Irdai ex-chief under lens over Yes Bank post
Mumbai: Former chairman of the Insurance Regulatory Development Authority of India (IRDAI) TS Vijayan has come under the scanner of the finance ministry for becoming director in Yes Bank in 2018 without obtaining the prior…
Irdai gives go ahead to 29 insurers to…
NEW DELHI: Amid rapid increase in coronavirus cases in the country, the regulator IRDAI has given green signal to 29 general and health insurers to launch short-term ‘Corona Kavach' health insurance policies to cover medical…
Health insurance claims not contestable after 8 years…
NEW DELHI: Health insurance companies will not be allowed to contest claims once the premium has been paid for a continuous period of eight years, regulator Irdai said in a fresh set of guidelines. Irdai…