Dissenting voice: Irda chairman J. Hari Narayan says the insurance regulator has written to the finance ministry, opposing the proposal to remove the agents’ commission from policyholders’ ...
New Delhi: Tightening norms for the appointment of corporate agents, insurance regulator Irda has said that agents handling big clients can now only be appointed by officials designated by the company ...
Currently, after training and examination, the IRDA grants licence to an agent. Also, the regulator wants the new law to let insurers fix the agency commission on their own. Currently, the law does ...
Don't believe your insurance agent if he promises you huge returns on unit-linked products. MUMBAI: Don't believe your insurance agent if he promises you huge returns on unit-linked products. Reacting ...
Chennai: The Insurance Regulatory and Development Authority (IRDA) has decided to ban agents training institutes with temporary accreditation from conducting training programmes. Coming out with its ...
With many life insurers not able to retain customers due to mis-selling, the regulator Irda has proposed that licence of an agent be cancelled if 50 per cent of the policies sold by him/her are not ...
“The insurers shall abstain from doing any business from these (884) corporate agents, until the PAN of the entities is registered in the portal by the insurers,” Insurance Regulatory & Development ...
New Delhi: To eliminate non-serious players, the insurance regulator Irda has asked all existing agent training institutes (ATIs) to get themselves registered either as a company or trust by June.
Insurance Regulator- IRDA has put forth several regulations to get insurance agents back in business. CNBC-TV18's Kritika Saxena and Mitra Joshi find out if these changes can ensure healthier times ...
insurance policies. The regulator is seeking suggestions from all the stakeholders and is likely to bring out a draft in the next two to three months. “A well-qualified agency course is important for ...
Insurance regulator Irda on Monday permitted agents of general insurance companies to sell mediclaim products of standalone health insurance companies to help increase the penetration of such products ...
Tightening norms for the appointment of corporate agents, insurance regulator IRDA has said agents handling big clients can now only be appointed by officials designated by the company’s board. IRDA, ...