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Tag: Insurance regulator

IRDAI approves India AS framework for insurers from April 1

Posted on March 30, 2026 By admin
IRDAI approves India AS framework for insurers from April 1

Insurance regulator IRDAI has approved amendments mandating insurers to prepare and present financial statements in accordance with applicable Indian Accounting Standards effective April 1, 2026. The implementation of Ind AS will be applicable to all categories of insurers — life, general, stand alone health insurers and reinsurers. The amendment sets out the regulatory framework governing…

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Bancassurance channel | IRDAI constitutes taskforce to review model, carry out modifications

Posted on November 1, 2023 By admin
Bancassurance channel | IRDAI constitutes taskforce to review model, carry out modifications

IRDAI has constituted a taskforce on the Bancassurance channel for the distribution of insurance policies through banks. Insurance Regulatory and Development Authority of India (IRDAI) has constituted a taskforce on the Bancassurance channel for the distribution of insurance policies through banks with an objective to review the model and carry out modifications if required. Citing…

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