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Newspoint on MSNPolicybazaar: IRDAI Penalizes ₹5 Crore for Misleading Promotions and Policy ViolationsPolicybazaar has been fined ₹5 crore by IRDAI for unfairly promoting insurance products, delaying premium payments, and ...
The penalty follows an inspection conducted by Irdai in June 2020, after which a show-cause notice was issued to Policybazaar ...
Policybazaar has been fined Rs 5 crore by IRDAI for breaking multiple insurance rules, including unfair promotions and ...
The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a ₹5 crore penalty on insurtech major ...
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ABP - Live on MSNIRDAI slaps Rs 5 crore penalty on insurance platform Policybazaar for multiple regulatory violationsIt stated, IRDAI in exercise of the powers under Section 102 of the Insurance Act, 1938, has imposed a penalty of Rs. Five ...
Upon examining a selection of 67 insurance policies, IRDAI found that premiums were remitted with delays exceeding 30 days ...
Policybazaar Insurance Brokers, formerly known as Policybazaar Web Aggregator, faces ₹5 crore penalty for insurance ...
IRDAI fines Policybazaar ₹5 crore for violating Insurance Act, 1938 by misleading promotions and non-disclosures.
IRDAI had inspected Policybazaar back in June 2020 and had issued a show-cause notice to PB Fintech in October 2024.
General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has reported a net profit of ₹1,752 ...
The Insurance Regulatory and Development Authority of India (Irdai) imposed a substantial fine of Rs 3.39 crore on Star Health and Allied Insurance due to multiple infringements of Information and ...
Logistics major BlackBuck has received the approval from the insurance regulator IRDAI to act as a composite corporate agent.
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