Regulatory Updates

April, 02/04/2026

IRDAI - Press Release on compliance with Guidelines on Prevention and Regulation of Dark Patterns

The Insurance Regulatory and Development Authority of India (“IRDAI/ Authority”) has issued a press release, dated April 02, 2026 on compliance with Guidelines on Prevention and Regulation of Dark Patterns ("Press Release").  The key highlights of the Press Release are as follows: IRDAI had recently highlighted the need for regulated entities offering insurance...


April, 02/04/2026

IRDAI - Constitution of Joint Expert Group (JEG) on Ind AS

The Insurance Regulatory and Development Authority of India (“IRDAI/Authority”) has released an Order dated April 01, 2026 bearing Ref. No. IRDAI/IFRS/ORD/MISC/44/04/2026 on the Constitution of Joint Expert Group (JEG) on Ind AS ("Order").  The key highlights of the Order are as follows: The Order is released pursuant to the notification of IRDAI (Actuarial,...


April, 02/04/2026

IRDAI - Clarifications on implementation of Indian Accounting Standards (Ind AS)

The Insurance Regulatory and Development Authority of India (“IRDAI/ Authority”) has issued a circular on clarifications on implementation of Indian Accounting Standards (“Ind AS”) bearing reference number IRDAI/IFRS/CIR/MISC/45/4/2026, dated April 1, 2026 (“Circular”). The Circular has been issued pursuant to the Insurance Regulatory and Development Authority...


March, 31/03/2026

IRDAI - Press Release on Ind AS based Financial Reporting Framework for insurance sector and release

The Insurance Regulatory and Development Authority of India (“IRDAI/Authority”) has issued a press release dated March 30, 2026 (“Press Release”), on the approval of the Insurance Regulatory and Development Authority of India (Actuarial, Finance and Investment Functions of Insurers) (Amendment) Regulations, 2026 (“Regulations 2026”). The Amendment...