LIC, New India Assurance, and GIC Re Retain D-SII Status for 2024-25 – Key Details
The Insurance Regulatory and Development Authority of India (IRDAI) has once again designated Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC Re), and The New India Assurance Company as Domestic Systemically Important Insurers (D-SIIs) for the fiscal year 2024-25. This classification underscores the crucial role these companies play in India’s financial…
