Relaxations granted by IRDA during COVID-19

COVID-19 – Relaxations granted by the Insurance Regulatory and Development Authority of India (IRDA)

COVID-19 had resulted into grave and unsettling consequences. Since March 24, 2020, the Government of India (GOI) has announced complete lockdown in entire nation in order to control the spread of COVID-19. Keeping in mind the aforesaid, the Insurance Regulatory and Development Authority (IRDA) of India has granted several relaxations vide various notifications and circulars. Relaxations granted by IRDA are mentioned below: Submission of Final Re-insurance Programme – In compliance with the regulations, insurers are required to […]