IRDAI Approves Risk Based Capital Framework for Insurers
IRDAI has approved a Risk Based Capital framework aimed at enhancing solvency assessment in the insurance sector, aligning it with global standards.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
IRDAI has approved a Risk Based Capital framework aimed at enhancing solvency assessment in the insurance sector, aligning it with global standards.
The IRDAI has amended regulations pertaining to Third Party Administrators, revising aspects related to registration, annual fees, and compliance norms.

The AAIB has informed the Supreme Court that the draft report on the June 2025 Air India crash is expected to be completed by October. This follows requests for a judicial probe into the incident.
The IRDAI has mandated insurance companies to submit show cause notices and relevant documents promptly to insurance ombudsmen to enhance transparency in dispute resolution.
The IRDAI has issued a warning to a broker for implementing shareholding changes without prior approval, highlighting the need for compliance with regulatory norms. Corrective measures and future commitments were considered in the ruling.
The Calcutta High Court directed Bajaj Allianz General Insurance Co. to pay enhanced compensation, asserting that prior income tax returns filed validate earning capacity contrary to personal expenses deductions.