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???1 crore fine penalty: Why did IRDAI penalise Canara HSBC for mis-selling insurance to an 88-year old? What went wrong
1+ day, 14+ hour ago (407+ words) The Insurance Regulatory and Development Authority of India (IRDAI) has levied a ₹1 crore penalty on Canara HSBC Life Insurance Company Limited over mis-selling of a life insurance policy to an 88-year-old customer, according to a Moneycontrol report. The regulatory proceedings…...
Canara HSBC Life Insurance penalised ₹1 crore by IRDAI for policyholder regulation breaches · Business Upturn
2+ day, 13+ hour ago (289+ words) Canara HSBC Life Insurance Company Limited has been penalised ₹1 crore by the Insurance Regulatory and Development Authority of India (IRDAI) following an investigation into alleged misselling of a policy. The penalty forms part of an Order dated 10th September 2026, as revealed…...
Insurers Seek IRDAI Nod to Aggregate Equity Derivative Limits for Hedging
5+ day, 4+ hour ago (261+ words) Whalesbook Indian life and general insurance companies are currently in discussions with the Insurance Regulatory and Development Authority of India (IRDAI) to seek greater flexibility in how they use equity derivatives for portfolio hedging The industry's primary request is to…...
Irdai plans public insurance registry to bridge data gaps, widen coverage | Insurance News
1+ week, 4+ day ago (434+ words) In March 2026, Irdai had proposed setting up a PIR — a consent-driven, legally compliant digital infrastructure covering the entire policy lifecycle from issuance to claims, grievance redressal and dispute resolution...
???? DeFi Day 34: DeFi Insurance??????? Today, let???s understand:
2+ week, 2+ hour ago (110+ words) DeFi Day 34: DeFi Insurance 🛡️ Today, let’s understand KuCoin 📚 DeFi Day 34: DeFi Insurance 🛡️ Today, let’s understand: What happens when something goes wrong in DeFi? Smart contract bug → Hack → User funds at risk DeFi insurance can help protect users against certain risks....
IRDAI Imposes New Expansion Ban on 4 Insurers
2+ week, 3+ day ago (327+ words) Whalesbook The insurance sector is entering a new era of strict oversight as the Insurance Regulatory and Development Authority of India (IRDAI) transitions from a supportive role to a more aggressive enforcer In a recent move aimed at curbing excessive…...
What the redrafted General Insurance Code of Practice means for insurers
2+ week, 4+ day ago (709+ words) How will we care for Australians in the next decade Mine 2026 - Ambition to action PwC’s 29th Annual Global CEO Survey – Australian insights Financial Reporting Update 2026 PwC’s AI performance study – Australian insights PwC Australia's Annual Report 2025 Value in Motion: Australia’s next boom…...
Insurity Partners with Radity to Bridge Insurance Modernization Strategy and Execution
2+ week, 3+ day ago (54+ words) Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, announced a partnership with Radity, a Zurich-based software development and engineering firm....
Consultation On Proposed Insurance Rules
2+ week, 6+ day ago (220+ words) The Bermuda Monetary Authority [BMA] has published a consultation paper on proposed Insurance [Internationally Active Insurance Group Supervision] Rules 2026. A spokesperson said, “The paper highlights the Authority’s commitment to supervising the insurance sector and developing a regulatory framework that adequately…...