Domestic Systemically Important Insurer (D-SII) status retained by IRDAI for LIC, GIC Re, and New India Assurance ensures enhanced governance, risk management, and financial stability in India’s insurance sector for FY 2025‑26. IRDAI Retains Systemically Important Status of LIC, GIC Re & New India Assurance IRDAI Retains Systemically Important Status for Major Insurers The Insurance…
Ajay Seth IRDAI chairman appointment explained for exams: tenure, powers, insurance penetration, Bima Trinity, policy reforms, and top FAQs with MCQs for UPSC, Banking, and State PSC. Ajay Seth Appointed Chairperson of IRDAI Appointment of Ajay Seth as IRDAI Chairman The Government of India has appointed Ajay Seth, a 1987‑batch IAS officer of the Karnataka…
IRDAI to Deploy ‘Bima Vahak’ in Every Gram Panchayat Before End of 2024 The Insurance Regulatory and Development Authority of India (IRDAI) has recently announced a groundbreaking initiative aimed at revolutionizing insurance accessibility across rural India. The initiative, named ‘Bima Vahak,’ is set to transform the insurance landscape by deploying it in every Gram Panchayat…
