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Life Insurance Companies

IRDAI Issues Revised Draft Rules For ‘Expenses of Management’ (EoM) of Life Insurance Companies

The previous draft rules on expenses of management (EOM) of life insurance companies were placed under review on August 2, 2022, following suggestions from various industry stakeholders.

24 November 2022

Irdai Allows Life Insurers To Launch Products Without Prior Approval

This comes days after Insurance Regulatory and Development Authority of India (Irdai) extending similar relaxations to health insurance products as well as general insurance covers


Foreign Reinsurers Can Repatriate Up To 20% Of Assigned Capital: Irdai

As part of the ease of doing business in India, various committees deliberated on the repatriation of excess assigned capital by Foreign Reinsurance Branches (FRB) and Lloyd's India

26 October 2022

Irdai Mulling To Extend Testing Period Under Regulatory Sandbox Mechanism To 3 Years

The Irdai Chairman said all these initiatives will help in furthering the goal of insurance penetration and reaching out to more and more people

23 June 2022

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