IRDAI slaps Rs. 1 crore penalty on Acko General Insurance:

IRDAI slaps Rs. 1 crore penalty on Acko General Insurance:

Daily Current Affairs   /   IRDAI slaps Rs. 1 crore penalty on Acko General Insurance:

Change Language English Hindi

Category : Business and economics Published on: May 23 2025

Share on facebook
  • The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a penalty of Rs. 1 crore on Acko General Insurance. 
  • The penalty was imposed by the regulator on the insurer for violating the provisions of regulations on outsourcing activities as well as norms on payment of commission or remuneration or reward to insurance agents and insurance intermediaries.
Recent Post's
  • Aernnova Aerospace signs a $300 million contract with Mahindra Aerostructures to manufacture aircraft components for Airbus and Embraer.

    Read More....
  • Smriti Mandhana regains No.1 spot in ICC ODI batting rankings after six years.

    Read More....
  • Hindustan Zinc to invest ₹12,000 crore to set up a new integrated zinc smelter in Rajasthan.

    Read More....
  • Indian Army contingent departs for 8th India-France joint military exercise SHAKTI in France.

    Read More....
  • U Mumba wins their first-ever Ultimate Table Tennis title with an 8-4 victory over Jaipur Patriots.

    Read More....
  • Indian boxer Nishant Dev wins his second professional fight at Madison Square Garden, New York.

    Read More....
  • CCI approves Delhivery’s acquisition of 99.44% stake in Ecom Express.

    Read More....
  • Ministry of Panchayati Raj to sign MoU with Bhashini to improve multilingual e-Governance.

    Read More....
  • Fast-food chain Dairy Queen, owned by Warren Buffett, to enter Indian market via Devyani International.

    Read More....
  • Tom Cruise, Dolly Parton, Debbie Allen, and Wynn Thomas to receive honorary Oscars in 2025.

    Read More....