Important Updates by IRDAI from July 2021 to October 2021

FCS Deepak Pratap Singh | Last updated: 02 May 2022

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This article provides a summary of important regulatory updates issued by the IRDAI between July and October 2021. Key changes include new standards for network hospitals, the withdrawal of guidelines on 'Indian owned and controlled' entities, and revised solvency margin rules for crop insurance. It also covers the encouragement of title insurance products, the formation of a working group for cyber liability insurance wording, and updated guidelines for trade credit insurance. Additionally, timelines for specific health insurance policies were extended, and rules around e-insurance policies and dividend criteria for equity investments were adjusted.

REGULATORY UPDATES - A GIST OF IMPORTANT CIRCULARS/NOTIFICATIONS/GUIDELINES ISSUED BY THE AUTHORITY(IRDAI) Submitted, for information, the supervisory/ regulatory directions from IRDAI from 1st July 2021 to 31st October, 2021. The Authority has issued certain Regulations/Guidelines/Circulars o

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About the Author

FCS Deepak Pratap Singh

Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.)

Dear Friends, MyselfFCSDeepak P. Singh ( B.Sc.. LLB, FCS. FIII, CIAFP, CRMP, ID) , A Fellow Member of ICSI, Law Graduate ,Fellow Member of Insurance Institute of India, Certified Independent Director ,Certified Insurance Anti Fraud Professional , Certified Risk Governance Professional ( ICSI-III) and cleared Limited I ... Read more

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