Regulations

IRDAI releases consultation paper on insurance distribution reforms

Featured
In a move to make India’s insurance distribution framework more consumer-centric, IRDAI has released a consultation paper on distribution reforms. The proposed changes focus on customization, transparency of offerings, and consumer education, while the regulator has...

Insurance policyholders form world’s largest alliance

Regulations
Global Policyholder Alliance launched to strengthen cross-border insurance dispute support

UAE Central Bank approves three new insurance regulations

Regulations
The Board of Directors of the Central Bank of the UAE (CBUAE) has approved three new regulations covering insurance licensing, insurance brokerage, and telemarketing,...

IRDAI clarifies commission structure for brokers

News Releases
The Insurance Regulatory and Development Authority of India (IRDAI) has clarified the commission structures for brokers and agents selling group policies, including health and...

Regulator warns against misleading advertisements by vehicle insurers

Featured #2
India’s insurance regulator Insurance Regulatory & Development Authority of India (IRDAI) has again cracked down on general insurers on misleading advertisements and directed them...

ADGM to establish insurance association to promote industry growth

Regulations
ADGM, the leading international financial centre in the region is pleased to announce the forthcoming establishment of the Insurance Association within its jurisdiction. This initiative represents...

UAE launches unemployment insurance scheme

Regulations
The UAE’s Ministry of Human Resources and Emiratisation (MoHRE) announced that its unemployment insurance scheme for federal government and private sector employees will commence...

Regulator warns against misleading advertisements by vehicle insurers

Brokers
India’s insurance regulator Insurance Regulatory & Development Authority of India (IRDAI) has again cracked down on general insurers on misleading advertisements and directed them...

Insurers on innovation mode to generate more value for customers

Regulations
In the past two years, the insurance industry has experienced a period of unknown risk and a rise in health concerns. This led to...

UAE central bank revises life and investment selling rules

Regulations
Dubai: Insurance and investment customers in the UAE are set for a more transparent and protected regime after the UAE central bank issued guidelines...

Dubai investors demand probe into corporate governance lapses in India

Regulations
A group of investment advisers and investor protection body in Dubai have raised questions about the effectiveness of enforcement agencies and securities market regulator...

UAE merges Insurance Authority with Central Bank

Regulations
Merger is part of a bigger initiative to transform CBUAE into one of the top 10 central banks globally Dubai: The Central Bank of the...

Life insurance companies offer standard term policy from Jan 1, 2021

Life
New Delhi: The Insurance Regulatory and Development Authority of India (IRDAI) has mandated all life insurance companies to provide a standard individual term life...

Low entry level capital recommended for microinsurers in India

Regulations
New Delhi: A committee set up by the Insurance Regulatory and Development Authority of India ( IRDAI) to suggest measures to promote microinsurance has...
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