To smooth the transition, Irdai has proposed parallel reporting under both Ind AS and Indian GAAP during the first year of ...

While the reform aims to improve transparency and global comparability of financial statements, it also requires deep ...

IRDAIs consultation paper proposes a new regulatory framework requiring insurers to adopt Ind AS. The initiative is designed ...

India's insurance regulator, IRDAI, is proposing a significant shift in financial reporting for all insurers. Starting April ...

The Insurance Regulatory and Development Authority of India (IRDAI) is gearing up for the anticipated passage of the Insurance Amendment Bill by Parliament. This critical legislation promises to ...

A senior IRDAI official emphasized the need for the insurance industry to cut customer acquisition and management costs to enhance profitability and affordability. Addressing a CII event, Deepak Sood ...

Following a sharp 41% rise in health insurance complaints in FY25, IRDAI Chairman Ajay Seth has scheduled a high-level joint ...

IRDAI approves registration for Allianz Jio Reinsurance and Kiwi General Insurance, aligning with new insurance regulations.

The insurance industry stands at a critical inflection point. As digital transformation accelerates and fraud schemes become increasingly sophisticated, the Insurance Regulatory and Development ...

Many insurers are now facing scrutiny from the Insurance Regulatory and Development Authority of India (IRDAI) for overshooting the prescribed limits on expenses, which mainly include commissions. The ...

IRDAI proposes adopting Ind AS for life, general and health insurers from April 2026 to boost transparency, global alignment and policyholder protection.

Transitioning to Ind AS, including new standards for financial instruments and insurance contracts, would align Indian ...