Insurance Regulatory and Development Authority (IRDA) in India - SSRANA

FAQ

Insurance Regulatory and Development Authority (IRDA) in India

The Insurance Regulatory and Development Authority (IRDA) is the regulatory authority for the Insurance industry in India. It was set up as an autonomous body under the IRDA Act, 1999. It frames regulations for the insurance industry in terms of Section 114A of the Insurance Act, 1938. It functions as an arm under the Ministry of Finance in India.

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