Home India Insurance Regulatory And Development Authority Press Release - Order in the matter of M/S Star Health and A...
Date: 2025-07-25 Category: Not Applicable State: Union Government Country: India

Press Release - Order in the matter of M/S Star Health and Allied Insurance Co. Ltd. 25.07.2025

Issued by Insurance Regulatory And Development Authority · Not Applicable

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Executive Summary & Key Takeaways

IRDAI has imposed a penalty of Rs. Three Crore Thirty-Nine Lakhs and issued a warning to M/S Star Health and Allied Insurance Co. Ltd for violations established under IRDAI Information & Cyber Security Guidelines, 2023, in exercise of the powers under Section 14 (1) of the IRDA Act, 1999 and Section 102 of the Insurance Act, 1938. This order was issued on July 25th, 2025, from Hyderabad.

Key Entities Referenced

IRDAI: Insurance Regulatory and Development Authority of India, the regulator imposing the penalty. IRDA Act, 1999: The Insurance Regulatory and Development Authority Act, under which powers are exercised. Insurance Act, 1938: The act under which powers are exercised. IRDAI Information & Cyber Security Guidelines, 2023: Guidelines violated by Star Health and Allied Insurance Co. Ltd. Star Health and Allied Insurance Co. Ltd.: The company subject to the penalty.
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25 जुलाई, 2025 25th July, 2025 (cid:366)ेस िव(cid:466)(cid:304)(cid:593) मेसस(cid:330) (cid:720)ार हे(cid:661) एंड एलाइड इं(cid:692)ोर(cid:336)स कं पनी िलिमटेड के मामले म(cid:336) आदेश आईआरडीएआई ने आईआरडीए अिधिनयम, 1999 की धारा 14 (1) और बीमा अिधिनयम, 1938 की धारा 102 के तहत श(cid:304)(cid:389)यो ं का (cid:366)योग करते (cid:352)ए, आईआरडीएआई सूचना और साइबर सुर(cid:407)ा िदशािनद(cid:337)श, 2023 के अधीन (cid:725)ािपत िविभ(cid:580) उ(cid:671)ंघनो ं के िलए तीन करोड़ उनतालीस लाख (cid:348)पये का जुमा(cid:330)ना और चेतावनी दी है। (cid:725)ान: हैदराबाद िदनांक: 25 जुलाई, 2025 Press Release Order in the matter of M/S Star Health and Allied Insurance Co. Ltd. IRDAI in exercise of the powers under Section 14 (1) of the IRDA Act, 1999 and Section 102 of the Insurance Act, 1938, has imposed a penalty of Rs. Three Crore Thirty-Nine Lakhs and warning for various violations established under IRDAI Information & Cyber Security Guidelines, 2023. Place: Hyderabad Date: 25th July, 2025

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