{"id":49011,"date":"2026-04-06T10:31:34","date_gmt":"2026-04-06T05:01:34","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=49011"},"modified":"2026-04-06T10:31:35","modified_gmt":"2026-04-06T05:01:35","slug":"irdai-retains-lic-gic-re","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/","title":{"rendered":"Domestic Systemically Important Insurer Status: IRDAI Retains LIC, GIC Re &amp; New India Assurance FY 2025\u201126"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#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_Indias_insurance_sector_for_FY_2025%E2%80%9126\" >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\u2019s insurance sector for FY 2025\u201126.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#IRDAI_Retains_Systemically_Important_Status_of_LIC_GIC_Re_New_India_Assurance\" >IRDAI Retains Systemically Important Status of LIC, GIC Re &amp; New India Assurance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#IRDAI_Retains_Systemically_Important_Status_for_Major_Insurers\" >IRDAI Retains Systemically Important Status for Major Insurers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#What_Are_Domestic_Systemically_Important_Insurers_D-SIIs\" >What Are Domestic Systemically Important Insurers (D-SIIs)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#Importance_of_Retaining_the_Status\" >Importance of Retaining the Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#Profile_of_the_Three_Key_Insurers\" >Profile of the Three Key Insurers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#Regulatory_Implications_for_D%E2%80%91SIIs\" >Regulatory Implications for D\u2011SIIs<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#%F0%9F%A7%A0_Why_This_News_Is_Important\" >\ud83e\udde0 Why This News Is Important<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#Significance_for_Government_Exam_Aspirants\" >Significance for Government Exam Aspirants<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#Impact_on_Financial_Stability_and_Policyholders\" >Impact on Financial Stability and Policyholders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#Relevance_in_Insurance_Sector_Awareness\" >Relevance in Insurance Sector Awareness<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#%F0%9F%93%9C_Historical_Context\" >\ud83d\udcdc Historical Context<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#Evolution_of_Insurance_Regulation_in_India\" >Evolution of Insurance Regulation in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#Systemically_Important_Status_Concept\" >Systemically Important Status Concept<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#Role_of_LIC_GIC_Re_and_New_India_Assurance\" >Role of LIC, GIC Re and New India Assurance<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#%F0%9F%93%9D_Key_Takeaways_from_IRDAI_Retains_Systemically_Important_Status\" >\ud83d\udcdd Key Takeaways from IRDAI Retains Systemically Important Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#FAQs_Frequently_Asked_Questions\" >FAQs: Frequently Asked Questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/irdai-retains-lic-gic-re\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"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_Indias_insurance_sector_for_FY_2025%E2%80%9126\"><\/span>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\u2019s insurance sector for FY 2025\u201126.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IRDAI_Retains_Systemically_Important_Status_of_LIC_GIC_Re_New_India_Assurance\"><\/span>IRDAI Retains Systemically Important Status of LIC, GIC Re &amp; New India Assurance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IRDAI_Retains_Systemically_Important_Status_for_Major_Insurers\"><\/span><strong>IRDAI Retains Systemically Important Status for Major Insurers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Insurance Regulatory and Development Authority of India (IRDAI)<\/strong> has once again designated three major insurance companies as <strong>Domestic Systemically Important Insurers (D-SIIs)<\/strong> for the financial year <strong>2025\u201126<\/strong>. These include the <strong>Life Insurance Corporation of India (LIC)<\/strong>, <strong>General Insurance Corporation of India (GIC Re)<\/strong>, and <strong>The New India Assurance Company Ltd<\/strong>. IRDAI retained the status unchanged from the previous year after its annual assessment of the insurance sector, demonstrating the continued dominance of these insurers in the Indian market.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Are_Domestic_Systemically_Important_Insurers_D-SIIs\"><\/span><strong>What Are Domestic Systemically Important Insurers (D-SIIs)?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Domestic Systemically Important Insurers (D-SIIs) are insurance companies whose <strong>size, market importance, and interconnectedness<\/strong> with the broader financial system are so significant that their failure or distress could cause major disruption in India\u2019s financial markets. Because of this, such insurers are regarded as <strong>\u201cToo Big or Too Important to Fail.&#8221;<\/strong> They play a key role in ensuring financial stability and meeting the insurance needs of the nation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Importance_of_Retaining_the_Status\"><\/span><strong>Importance of Retaining the Status<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">IRDAI has highlighted that the retained insurers continue to have massive market share, extensive operations, and strong linkages with other financial institutions. While retaining the D-SII tag, the regulator has mandated <strong>enhanced regulatory oversight<\/strong>, stronger governance norms, and a robust risk management framework. These measures aim to safeguard the interests of policyholders and prevent any systemic risks arising from mismanagement or financial stress.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Profile_of_the_Three_Key_Insurers\"><\/span><strong>Profile of the Three Key Insurers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Life Insurance Corporation of India (LIC)<\/strong> \u2013 The largest life insurer in India with millions of policyholders across the country, LIC plays a crucial role in providing life insurance coverage and long\u2011term financial security.<\/li>\n\n\n\n<li><strong>General Insurance Corporation of India (GIC Re)<\/strong> \u2013 India\u2019s sole national reinsurer, supporting other insurance companies by sharing and underwriting risks, while also serving global markets.<\/li>\n\n\n\n<li><strong>New India Assurance<\/strong> \u2013 India\u2019s largest non\u2011life insurance company with extensive domestic and international operations, offering a wide range of general insurance products.<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Regulatory_Implications_for_D%E2%80%91SIIs\"><\/span><strong>Regulatory Implications for D\u2011SIIs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Being a D\u2011SII implies that these companies are subject to <strong>enhanced supervision and stringent regulatory requirements<\/strong>. They must adopt higher <strong>corporate governance standards<\/strong>, strengthen internal controls, and continuously improve <strong>risk identification and mitigation mechanisms<\/strong>. IRDAI\u2019s supervision ensures that these insurers remain financially robust and capable of withstanding economic shocks.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\" id=\"IRDAI-Retains-LIC-GIC-Re\"><img decoding=\"async\" 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dW28mdPPfb0VEaSbi7aW\/UblZNX5lvHw1X4WGW3WEradYzyQBut7WdaXIbKuRsI2Hq76hwTpXStp0\/cea0+Jb8HvSnCbn2KKTTPBjXGHyXBGTnmRjY91Y6c7UZepU43mjM3XC4gsqeaxC0Sx6yK5C9tpNClT1ue0S5I0d+BWSVONnp8NuP1JjJ9db8DC9JHjjitoUt4k12dnK8gT2QuVOe13A4ydsk8zWtXaUYxSXBO\/My07ttt8zLcNtLq3tVuMTXLyWzLEoyYoYWGzMe843CDl391ZoRqQp59Xp7JEScZStw1L3h0U7TcPmhLebpaxCRg2ERlD9eG7gfHPP1VUFJypyj4Utf3E8tpJ8biuDW80aLeRrNOuu4FrCmrQqlmGp\/irucKNzt6opRmlvEm1rZLh7jk4t5Xp1Zc9GOpEHVR3CAvbzvcAhtWspgDZcaEBOwO5JNXhsihlUlezv6\/8AQql73a56Eds44iUjt+s846xVSTUBHnXgOBp1AY3rnxjB2jC+a\/HkbDctXLgSKRJrd7eARyyBbtXaWU6BJNpICoWPZXAPPc\/buSU6bhGzfxXu+b+n0MKyyTd+XBFl0gtMW6yvC9tIbh10PIz6006jJhuWDttgb\/JWDFR+DNJWd+F76dTJRfxWTurEfWuczaDWpGGtIYwUgGCpGHSGc\/CvbnBDWkxjVqRhCkMYtSMYh7xtSAcJ3yTrbLDDHUcsDzBPePlpNjM3a9GuJTRIY7O5kiI1R4R2Ttb6l7t8nceNGWTC6Llei3FxpxZXY0e09jk7Geen4vqpZZhdBL0U4sBjzK6xhhjq35McsOXeefjScZjvENei\/FQQfMrrIGAerkyB8XlsPRU5JhmiFD0W4qhytldL+7G428NhSyT5IeaIR6J8TJJNjcknmTE5J+U4pOnN8h5ojIei\/FEOpbK5U+KxuD9YFLdzXIeaIS9F+J4I8yue17b2N99877b771O7qdAzRGp0b4oDqFpdBgMAiN8geGeeKW7qdGPNE8HRbiHfY3H8J\/5VLoz6MM8eo6To5xJ93s7ltsdqNzt4bjlSdOp0Y80Rn5v8TJJNrc5IwTokyV+LnG49FLd1eNmPPA9To\/xIHItLkHGMiNwceGccvRS3VXowzwDTo\/xEAAWlyACSB1b4BOxOMeFTuqvRjzwCHR\/iGNPmlxpznHVvjPjjGM0tzV4WYZ4BL0fv8Y80uMeHVPj7KW5q9B7yHUYOA3+NPmtxpznHVvjPjjGM0tzV4WY1OHUL8g3x52k5wAB7E\/Lw5VLoVejGqkOo5eDcQxjza5x4aJMfJyo3Nfowz0+qPV4HfAEeazgHmOrfB+UY3qe71uGVj3lPqhicHvwMC3uB8kcg\/wDVG4rrgmG8p9UepwS8HK1nH\/bf+VR3av8AKx72n1CTgt4OVrOP+0\/8qXda\/wArHvYdRV1FMh0TK6HGdLhgcbgHDeusNRTi8s7+5cXFq8QS5O7En5Tn1VDbfEpJcglqGUGtSMNaQxgpAMFSMOkM5+Fe3OCGtJjGrUjCFIYxakYa0gDFSxnVXk496LL6JB9wVsmIkdMCqAKoA8NAHPPS7iE\/n9yOvkAFxMANbYADEAAZ2AFd\/D0oOlFtLgcOvUkqj1MdBdXDAsbiRFGNTGR8AnkNjkk4Ow+wEi5RprTKjGpzfNh\/lIj++uX9PW6P9O19tLdX5L8h7xrmz0XEr56m5lZtzoZ2DkD4uGIf5Nj4A0ssV4ooM0nwbLX8oz\/r5f4jfzrLuodF+RDqT6m1Ohs7tw63LOzEm5ySxJOJm7zXzntbUlTxMVB2VuR6jY6z0fi1EcY6XJbTCB1lZiEOVIx2jgc2zWjgNjYvGYZ4iFSyV+LfIzYjHUaFVU3HUz\/WN8Y\/Wa4Dr1U7Zn+bOiqcXyPDK3xj9ZpwrVZSSU3r9WEoQSvYwHAel0d5IY41lQhC+WIxgFRjZufaFd3aex8XgKKrTqXTdtGznYTHUcRU3cY2ZkONcdjtI9crtvsqg5Zj4AZ\/1O1aWzMFjMfUyUpP6u7sjYxVejh43miNL5RkzgwSAeiQE\/Vj\/wB16aXZLFKOlfX3OSts0r6wJXw7iS3EYlicsrekggjmCO4ivJYynisJVdKq2mvqztUJ0q0FOC0JRwByYzkk9s\/YK9PsCpKeGeZ31NHFxSqaGUrumqVQBVAFUAaw8o3u0fMR\/eeuBtPzvZfudDC+D3IwK55soatSxhrUjDWkMYKQDBUjDpDOfhXtzghrSYxq1IwhSGMWpGGtIAxUsZ1V5OPeiy+iQfcFbJiJHTAqgCqAPKAOcOl\/vhdfSZ\/vmvRYbyo+hwK\/mSJX0L4LG1ymoBlitLWQAjI625AcuR34xp9S+Arn4mq8r9X+ht4eknJegPSDo6jzXrC3kUiKDqNCMyNJqjEp7IwMZ048NRx306OIcYxV+eoVaCblp6GUuOBRng4zF1UkVu76sDWskRJftc8l4279gaxRqvf8bpsyuktxw5GuuOQ6ZFb9ZBbSnbHaliV3\/wDkWPrrqUJXi\/o2jm1Y2aNldCve23+W5\/5mr5z2x\/Ex9D1GxPJZDunPvgP3IPvGu72a\/hMv6vsc3an4xe33Nlmvmc\/Ez1ceAL8j8lXQ82PqvuKp4X6GtPJp7qP0Z\/vxV9J7Xfw+P\/JHlNjfiX6MZ5Q5C94kedhEgHoLs2T9n1VPZSCp7PnVXG7\/AEK2xJzxKhy0JdxbgEb2jW8MaKQo6skYwwIwS2M5O+T35NeTwe2atLH76rN2u7+h2K2BhPD5ILW2gjobwee0SRJiuGdWXSxO+MNzA8FrL2j2nhsfUhOjfRWdxbMwtXDxcZmwej36M\/vn7BXQ7O\/hn6snG+YZWvQGoVQBVAFUAaw8o3u0fMR\/eeuBtPzvb+50ML4PcjArnmyhq1LGGtSMNaQxgpAMFSMZSDU59Fe3OEGtJjGrUjCFIYxakYa0gDFSxnVXk496LL6JB9wVsmIkdMCqAKoAqgDm7pf74XX0mf75r0WG8qPocCv5kiQ8K6Rnh97byHJiexsFlAGTp6hMMB4qd\/SMjvrTnR3lOXVNmzCru6kfqkT7pXYP18DwXzWXnEqxyjIHWDQSGUMNpcKEz6V8ADoUpKzTjexu1Yu6adrmM8p3G1srRbCBSpmjKk74WEdlu0ebNy8dyfCs2CpbyeZ8jFi6uSGVczWXSL28P0Kx\/wCBK6mH8MvVnOr8V6GxehXvZb\/Ldf8AM1fOu2P4mPoem2J5LIb0598B+5B9prvdm\/4TL+o5u1Pxi9vubLNfMp+Jnq48AW5GroebH1X3FU8D9DWnk091H6M\/34q+k9rv4fH\/AJI8psb8S\/RnvTr3wH7kP2mn2b\/hMv6g2r+MXsbIuZljVnc6VUEsfADma+bxozrVckFdt6HqHOMIZpcLFtw7ikFxq6mQSacasA7ZzjmPQazYvZ2IwbW\/ja\/AmjiadbwO5LOj36M\/vn7BXqOzv4Z+poY3zDK16A1CqAKoAqgDWHlG92j5iP7z1wNp+d7f3OhhfB7kYFc82UNWpYw1qRhrSGMFIBgqRjKQHPor25wg1pMY1akYQpDGLUjDWkAYqWM6q8nHvRZfRIPuCtkxEjpgVQBVAFUAc39L\/fC6+kz\/AHzXosN5UfQ8\/iPMkXHCuJIQBJAtwwSNME6X0R50tGw3DBTpwMHsqR34w1aTvo7IyQqdUNu7+wmlTXJeIF1Z1OHZGGjcaiSOTZ7+ytTGnVS0sVKcJNXuPbi8LIerhdxuvX3TmXSGGHCxk41EbYU5PPYDad1K\/H2Q3VjyX5kbvbjrHLY0jCKoznSiKERc9+FUb1u04ZI2NWcszubS6Fe9lv8ALc\/8zV827Y\/iY+h6rYvkshnT04vs4ziOI\/UTXe7LuD2a4N2u2jm7WUlilK3QyJ8oTfsg\/in8Fc6XZCi3ff8A+fmbK23US8v\/AD8iUcA4obq3ExTq8lxpzq9qcZzgV5jH4GOCxsaUZZlpqdbD4h16Dm1biQfyaD\/qj9Gf78de07WVIywEbNcV9jg7Gi1iXdcmZHyi8JdmW5RSwCaJMblcElW+TtEZ7sCtHsltGkqcsLVdr8DY2zhZuarRLHiXTVp7UwGIB3AVnDZBHeQuOZ8M99dDCdmaeGxixOf4U7pGtW2rKrR3WXXgSPoHwt4LctIpVpWDYOxCgYUEdx5n1ivN9qtoQxWKUabuoq3udXY+GlSpZpcWbF6Pfoz++fsFbnZ38M\/VjxvmGVr0BqFUAVQBVAGsPKN7tHzEf3nrgbT872\/udDC+D3IwK55soatSxhrUjDWkMYKQDBUjGUgOfRXtzhBrSYxq1IwhSGMWpGGtIAxUsZ1H5O52HCbICJz\/ANLBuCmD2B4vmtkxEh85b9Q\/1x\/jpgV5y36h\/rj\/AB0AV5y36h\/rj\/HQBXnLfqX+uP8AHQBpbpZwS2\/KEqteMkkjSymMQiQpkNIVLLLjOATjY4x411aGJmqa+Hgcuth4ObvIDgPQaO\/jMltemQA4YdQqsp7sq0+Rnuqp45w0lEmGDUuEjOjyb3o\/\/uk9can7Z6w9+j8hl7lL5hUvktuXOXu2c+LRqdvDeemtoJcIieAb\/mF\/2TTftB\/gp\/Xqv9S\/9Rf6f9SX8D6NyW1rHbnU5jMvaCoM63Lcut2xnHOvMbawD2jUU08tjrYKfdoZeJdvwx1xlX3IHJOZ\/wC5XHXZ2olZVDceNi\/5QvyVJ8V\/qT+pVf7fq\/8Al+\/9xd7j8pX5Jk+K\/wBSf1Kh9nJt3dQffUv5SvyTJ8V\/qT+pVPs9Uas6n3\/uCxqXCJX5Kk+K\/wBSf1Kldm5p3VT9BvHX4xFjgRBz1Rz46Y8\/X1lZv9DxFrb52Mfead75EM\/JMnxX+pP6lYf9ty+f9DJ376GS4cjxJp6p23J\/ux\/9\/RXc2dge6Ut3e+tzUrVd5K5decP+pf64\/wAddAxFecP+pf64\/wAdAFecP+pf64\/x0AV5w\/6l\/rj\/AB0Aa28oTk3gJUp7DHscZ9s++xIrgbT872\/udDC+D3I2K55soatSxhrUjDWkMYKQDBUjGUgOfRXtzhBrSYxq1IwhSGMWpGGtIAxUsZ1T5OPeiy+iQfcFbKMRI6YFUAVQBAPKL08FmDbWrBrgjtNzEII5nxfHJe7me4Haw+Hc3eXA1a1bLouJqbgKvJdA9qRmS6JO7EloZBknvJZgPSSPGuhVtGFjUjqwOj3Gp7GZZ4Gww2ZT7V170YeH+oNOpTjUjYIycHdHQPRXpJBxCASwnBGBIhPajbwPiPA99cirTdN2Z0adRTWhmqxmQqgChQAi7+D84lAFxQBVAFUAeGgC0k4pbqSrTxqRzBdQR6s08r6AHb38MhxHKjnwVgx\/0NDTXEC5pAVQBVAFUAVQBrDyj+7R8xH9564G0vO9l+50ML4PcjArnmyhq1LGGtSMNaQxgpAMFSMZSA59Fe3OEGtJjGrUjCFIYxakYa0gDFSxnVPk496LL6JB9wVsoxEjpgVQBAPKP07FmDa2xBuGHabmIQRsfS5G4HdzPcDtYfD7x3fA1q1bLouJpqCF5nIB1MdTMzHYDm8jseQ7yT9prqNqKNJK5MV6A38sCebLGYZFjfWX0vLkBlYjHZUZ7Kd3M78tLvML3kZ1Rm1oWvSDoldwoslyqLM7aV0uG684JwdtpcA7\/D\/e9vdPERvaPD7EzpOK1MFwHjU9jOJ4Gww2YH2rr3ow8PsrPVpxqRszHGTg7o6A6KdJIeIwCaLYjaRD7ZGxyPiPA949YrkVKbhKzOjTqKaujNVjMhQoARd\/B+cSgC4oAqgCz4pxGO3jMkh9AA3ZmOcKB3nY\/UTyFNK7AiNxeSXMgjmYkuG028TYUdnIE0gGdyQCACQMNhRkDIlZXEIa0wGjPmULKy4AHWyKB3MSGOc+ogek07+oBrZhtfsdtcCOMuBbexz6wFwNAIHMsRlT7UbZov8A4wH8M6QND7aRp4gWDh\/dEOk4JYf3ig8yPSNtODLimBNIZVdQykMCAQRuCDuDWMYdAFUAVQBrDyj+7R8xH9564G0vO9l+50ML4PcjArnmyhq1LGGtSMNaQxgpAMFSMZSA59Fe3OEGtJjGrUjCFIYxakYa0gDFSxnVPk496LL6JB9wVsoxEjpgWvFbwQQSztyiikc\/Iilv\/VOKu0hSdlc5keWWeUuxMksr5P8Aid2\/ma7iShE5N3KVyb9L+gdxY2avE3WoADdaRhtY3D+mJeQHce0c5yunSxKnP4vYz1KThHQ2x0T9wWv0W2\/4lrn1PG\/U3afhRDvLVC0kFqiKXZrrCqoySxjfAArawbSk2+FjBiU2lYi\/SvoNPb2C3srhp10+cAd4YgK2fhOCQGb4XPmCWz0cSnUcVwMM6LUblj5LOJtb8SjQHsTho3HdyLIflDDH+Y1kxcM0L9BYeVp2N+1yTolCgBF38H5xKALigCjQBC+JXjSXDShDIIpRBCozjrTvJIcKcaQNiQVyUOBisiVkIjHHeOR8Ot2UApvpbTpEs8gLYhLrkBU3DHcZDbYKrJsUKEq0rIluxEL264jJw8cTiuLeGBWZDEqDXGwcKsYLozNkEHGoADuArfhSoRq7mUW31Ju7XMZwjpzcRsouAJkDZyqrFIh5FlKYBbHjvzAZc5Gers6El8Gj\/QSmbXtuJG5hM0RV5RGrCTGDNb5GocuyQSNewzjBwQwHElFxlZmVGa6H3wDtAv6N0E0IznSjt2kJ8Q3Ic+ZPOomuYEsrGMqgCqANYeUf3aPmI\/vPXA2l53sv3OhhfB7kYFc82UNWpYw1qRhrSGMFIBgqRjKQHPor25wg1pMY1akYQpDGLUjDWkAYqWM6p8nHvRZfRIPuCtlGIkdMCz4xZ+cW80GcdbFKmfDWpXP+tOLs0yZK6aOZV6yCTcaJIpOR+C8bciPQwruq04+pytUzfnRnpvZ30QzIkMuO3E7BSD36c+3X0j14rjVKE4PgdCFWM0RLp1Z3cBEvDb9zD2V6iOb9FyVdCg\/o+Qx8H5Pa58O4PSpEx1VJO8WSTofZ9REJb++FxPz7cwZYcjBVcn22CQW9Q254arvL4FZGSmtPiZHfKh02t5YGsbVxMXK9a6nKKqkNpDcmJIHLYDPfWfC0HmzMxV60WsqIp5MeHNPxOEgdmHVI58AoIX1liv8Ar4VtYuaVO3Uw0ItzR0BXIOkUKAEXfwfnEoAuKAPGoAg3R8Kq20rSS6yl4wUMBGxR2yGGdRZgARz2jPLFZZcbCNSdPPZLy3gklCIIwC7e1y0zo0jY33WOME\/4K7OB+GjKUVd\/9GOXE3dwvotYfk42UKhreVWJKuX1FvbOJDz3Gx9Arjzr1N7vG9UZLK1jVvSXoxwfg97bRz9dco5eRw0i5RVICBkVO2jHV8XOk7kZFdSjiMTiKcnF2IaSL3yVX\/XMT1axILqTESZ0KkyovVjJzpXrJGx4uTWDH08kld3dhwdycWMAintFXWNMnEFbWqqxO3awm2k51L\/hZa0L3TKJpWMZVAFUAaw8o\/u0fMR\/eeuBtLzvZfudDC+D3IwK55soatSxhrUjDWkMYKQDBUjDpDOfhXtzghrSYxq1IwhSGMWpGGtIAxUsZ1T5OPeiy+iQfcFbKMRI6YFUAa+8oHk+88Y3VqQk+O2p2WXHI5+C+Ns8j3+NbWHxLp6Pgatajm1XE1HxHgl1A2me2kjI8UJX1MOyfUa6SrQlwZpunJcUWYtz+rP\/AIn+VVmiLIzwWx7oz\/4n+VGePVBlfQzvAuht9eMBHA0a53kkBRAPHcZb\/KDWKpiIQXEuFKUmbu6H9F4eHQ9XGdbtgyyEYLsOW3coycD7SSa5VWq6krs36VNQWhn6xmUoUAIu\/g\/OJQBcUAeNQBr4EW5UnWfM7hl0KAS0c5zG7ZbABzJthidS4rNxEa\/8pXR5iqzQgv1KYOMkvbMWeOYfGIy7Mf8AE3dGxHS2fiFF5Jc\/uRJGe6DdN+p6Pz6WUTWQKrqGQwlcmDbIzuWXGfgZqMVhW8Ulyl\/jBS0NSXt5PdTGSVnnllf0szMx2VQPScBR8gFdqMIUoWWiRF7m3OhPDfMLbXIdLR6mcgg+zzqESMEnSwVdDcxvHnOl1J8\/i629qNrhy9DJFWRMeCWCrcwwpuLaKV2IGBqn5IV+CdGhseg1qN6MomVYxlUAVQBrDyj+7R8xH9564G0\/O9l+50ML4PcjArnmyhq1LGGtSMNaQxgpAMFSMMUgOfhXtzhBrSYxq1IwhSGMWpGGtIAxUsZ1T5OPeiy+iQfcFbKMRI6YFUAYPjPELtJQkEIddDEsUY4IBwMhgDnljmPkNNJcyG2WMvFOJgbWyEgoD2W7zg4KuQQME5+SmlEV5dC4srq\/efDoqRgSr7Rhkj2j8ztt49\/LkaHYLssWveJh1YR51MVZdB0INKeBye0X7Wcbd4xTWUTuNkvuJtpRoREWZQzKmvSM7kESEdx5jvHfyVojvIzHR+S5aL\/ql0yA45AZGlTnYkE5JGRttyFJ2voVG5k6RRQoARd\/B+cSgC4oAqgCO9JOGNnziJOs7DJNHv7LE3thgfCHo32HPGk1F8gI5IMqGRDLbKQIjCMS25OCIyM5OSAe1tnSwYHBGT7iMFxLopYSs7FrYjU+tw0sAZkZgSVUhNjq3yxOc5Oa2aeJqw4N\/cTih\/Buj9jA5SJoVc9k9SWlc6iFCmSXIjyxVcAsp1YKmoq16k18TYKKMq1uVlUyIGK7WlqAxOonPXSZOd8HJfBOluS6qw300\/MZMuBcNMEZ1trldi0reLHuHoHqHM4GcVik7sDKUhlUAVQBrDyj+7R8xH9564G0\/O9l+50ML4PcjArnmyhq1LGGtSMNaQxgpAMFSMMUgOfhXtzhBrSYxq1IwhSGMWpGGtIAxUsZ1T5OPeiy+iQfcFbKMRI6YCb25WGN5XOFjR3Y+CqCSfqFCV3YTdlcwlreXU1qLrrI4DJGHjR1yihxmNXbUCWwRkggZ7jjemknYhXauU\/FZfPYIdadVJazzPtkgxNEuAwONPsh7jyp5bxb+oX1PeCX1xe24ukdYVk1GFCmrsZIRnOQSWA1YXGM43xmlKOV2BO6uXl5PMlm0p0rMtuXO2VEipqIxncZGOdJJXG+FzD8M49O01pExjmFzbNJJoUq0JCKwJ7RGhi2kZwcjmd8XKK1IUndIzp4xAJFiL4Z3dE7LaWdASyB8aSw0t2c57LeBqMpkzIv6RRQoARd\/B+cSgC4oAqgCqAMPf8AAI3froma3l+Ohxnv7S8mGefLPfVKVgMTddHrlshks7jOctLCVZsjByIxjcbeoVSmvqIba8CuhtrgtRk583i3bOc9pu0Dudwe80OSAzHC+DRW+SgLM3tnY6nblnLeocscqhtsDI0hlUAVQBVAGsPKP7tHzEf3nrgbT872X7nQwvg9yMCuebKGrUsYa1Iw1pDGCkAwVIwxSA5+Fe3OEGtJjGrUjCFIYxakYa0gDFSxnQHQnyicJt+HWsE13okjt4ldeqlOGVQCMhMH1Gs+eJjszN\/2o8F\/bf8AZm\/p0byPUMrEX\/lF4HPFJC95lZEdG9im9q4Kn+78DTVWKd7icG1Yjk3TWyPDJOHNdxyMbeSCOXRMFKlCiO6mLKsBjIGrOPTtSrQz5rk7uVrF3+enDPPLeXzpDFFZzQN2JgSZGhOQvVe1xEe\/vo38MrV+dw3UrhdHendjZwC085SZI8rDJpmU9XnKB16rIZQdOVznGds4Ezr05O9xxpyWljJ8U8oXDJLaSNbsM7xOozFMqlmUjP6M4GT6fXUqtBO9ypU5NcDB8M6VcPtWglguYw3UxRXceiYK\/VphZlPVfpARjcDUrb40ireJpu6uQqMlbQPg\/S3h8UhR5Ld4xPLLHOYpjKA8jSBSnUbOC5XXq5b89qUsRS6hGjPmiU\/2jcJ\/a\/8Aam\/p1j39PqZckuh6PKLwn9q\/2pv6dHeKfUN3LoLuPKDws6cXWcOpPsUvIf5KO8U+obuXQd\/aHwr9q\/2pvwUu80uobuXQr+0LhX7V\/tTfgo7zS6hu5dD0eUHhf7T\/ALU34KO9UvmHup9D38\/+F\/tP+1N+Cl3ql1DdT6Hv5\/cM\/aT\/AApfwUd7o\/MG5n0Pfz94Z+0n+FL+CjvdH5g3M+hX5+cN\/aD\/AApfwUu90fmDcz6Hv59cN\/aD\/Cl\/BR3yj8wbmfQ9\/Pnhv7Qf4Uv4KO+UPmHuanQ9\/Pjh37Qf4Uv4KXfaHzBuanQ9\/Pbh368\/wpfwUd9ofMG5qdCDdM+JQ3NyJIW1r1SLnSy7gsSMMAe8VxsfUjUq5ou6sbmHi4xszBitM2ENWpYw1qRhrSGMFIBgqRhikBz8K9ucINaTGNWpGEKQxi1Iw1pAGKljGCpGMFIYYpMYwVIw1pMEMWpGGtSNDBSGMFSMNaQBrSGMFSwDWpGGKTGMWkNDKkYYqRjFpMYa1IDFpDDWpGMWkxjFpDDWpYBCkNDVqWMNakYa0hjBSAYKkYYpAf\/Z\" alt=\"IRDAI Retains LIC GIC Re\" style=\"width:562px;height:auto\" title=\"IRDAI Retains LIC GIC Re\"\/><figcaption class=\"wp-element-caption\">IRDAI Retains LIC GIC Re<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%F0%9F%A7%A0_Why_This_News_Is_Important\"><\/span>\ud83e\udde0 Why This News Is Important<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Significance_for_Government_Exam_Aspirants\"><\/span><strong>Significance for Government Exam Aspirants<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This news has significant relevance for students preparing for <strong>government exams<\/strong> such as SSC, Banking, Railways, Insurance, and Civil Services (like PCS, IAS, etc.). Understanding the role of <strong>regulatory bodies<\/strong> like the IRDAI and key financial institutions is crucial for topics under <strong>Economic and Financial Awareness<\/strong>. The designation of <strong>Systemically Important Insurers<\/strong> reflects how regulators maintain financial stability and ensure consumer protection in India\u2019s insurance ecosystem.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_on_Financial_Stability_and_Policyholders\"><\/span><strong>Impact on Financial Stability and Policyholders<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It highlights India\u2019s financial safeguards\u2014where critical institutions are monitored to prevent market disruptions. Knowing why companies are labeled \u201cToo Big to Fail\u201d helps aspirants grasp the concept of <strong>systemic risk<\/strong>, a frequently asked idea in <strong>banking and financial sector questions<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Relevance_in_Insurance_Sector_Awareness\"><\/span><strong>Relevance in Insurance Sector Awareness<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Insurance and risk management are common subtopics in exams like <strong>IBPS, RBI, LIC AAO, and General Awareness sections in UPSC\/PSC exams<\/strong>. Retention of D\u2011SII status also ties into broader themes of <strong>corporate governance<\/strong>, <strong>regulatory oversight<\/strong>, and <strong>economic stability<\/strong>, making this a high\u2011yield topic for competitive exams.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%9C_Historical_Context\"><\/span>\ud83d\udcdc Historical Context<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Evolution_of_Insurance_Regulation_in_India\"><\/span><strong>Evolution of Insurance Regulation in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The regulatory framework for insurance in India is shaped primarily by the <strong>IRDA Act, 1999<\/strong>, which established the <strong>Insurance Regulatory and Development Authority of India (IRDAI)<\/strong> to regulate and promote the insurance sector. Before IRDAI\u2019s formation, the industry lacked structured oversight, leading to inefficiencies and lack of consumer protection. IRDAI\u2019s role was to modernize the sector, protect policyholders, and ensure fair practices.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Systemically_Important_Status_Concept\"><\/span><strong>Systemically Important Status Concept<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The concept of <strong>Systemically Important Insurers<\/strong> is similar to the global idea of <strong>\u201cToo Big to Fail\u201d (TBTF)<\/strong>, widely used after the <strong>2008 global financial crisis<\/strong> when regulators globally identified certain financial institutions whose failure would have systemic repercussions. In India, IRDAI adopted the D\u2011SII framework to ensure that major insurers like <strong>LIC, GIC Re, and New India Assurance<\/strong> remain resilient and well\u2011governed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Role_of_LIC_GIC_Re_and_New_India_Assurance\"><\/span><strong>Role of LIC, GIC Re and New India Assurance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Over decades, LIC became synonymous with life insurance in India, while GIC Re and New India Assurance emerged as pillars in non\u2011life and reinsurance segments. Their long history, government backing, and extensive operations make them central to India\u2019s financial system.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%9D_Key_Takeaways_from_IRDAI_Retains_Systemically_Important_Status\"><\/span>\ud83d\udcdd <strong>Key Takeaways from IRDAI Retains Systemically Important Status<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>S. No.<\/strong><\/th><th><strong>Key Takeaway<\/strong><\/th><\/tr><\/thead><tbody><tr><td>1.<\/td><td>IRDAI retained <strong>LIC, GIC Re, and New India Assurance<\/strong> as D\u2011SIIs for FY 2025\u201126.<\/td><\/tr><tr><td>2.<\/td><td>D\u2011SIIs are insurers whose failure could disrupt the financial system.<\/td><\/tr><tr><td>3.<\/td><td>These insurers must comply with enhanced regulatory oversight.<\/td><\/tr><tr><td>4.<\/td><td>LIC is India\u2019s largest life insurance company.<\/td><\/tr><tr><td>5.<\/td><td>GIC Re and New India Assurance are crucial for non\u2011life and reinsurance markets.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">IRDAI Retains LIC GIC Re<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_Frequently_Asked_Questions\"><\/span><strong>FAQs: Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1. What is the role of IRDAI in India?<\/strong><br>The Insurance Regulatory and Development Authority of India (IRDAI) regulates and supervises the insurance sector, ensuring financial stability, consumer protection, and fair business practices.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2. What does D-SII stand for?<\/strong><br>D-SII stands for <strong>Domestic Systemically Important Insurer<\/strong>, referring to insurance companies whose size and interconnectedness are critical to India\u2019s financial stability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3. Which insurance companies were retained as D-SIIs for FY 2025\u201126?<\/strong><br>LIC (Life Insurance Corporation of India), GIC Re (General Insurance Corporation of India), and New India Assurance were retained as Domestic Systemically Important Insurers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4. Why is D-SII status important for insurance companies?<\/strong><br>The D-SII status requires insurers to follow enhanced governance, stronger risk management, and regulatory oversight to prevent systemic financial risks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>5. How does retaining D-SII status impact policyholders?<\/strong><br>Policyholders benefit from the insurer\u2019s strengthened financial stability and risk management, ensuring their policies and claims are secure even during economic or market fluctuations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>6. Which sectors of exams is this news relevant for?<\/strong><br>This news is relevant for <strong>Banking, SSC, Insurance, UPSC\/PSC, and Financial Awareness sections<\/strong>, as it covers regulatory oversight, insurance, and systemic risk.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" 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IRDAI Retains Systemically Important Status of LIC, GIC Re &amp; New India Assurance IRDAI Retains Systemically Important Status for Major Insurers The Insurance&#8230;<\/p>\n","protected":false},"author":6,"featured_media":49053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,144],"tags":[35991,8999,305,3540,193,6058,7998,1056,12744,32449],"class_list":["post-49011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-economy_finance","tag-d-sii-2","tag-economic-awareness","tag-financial-stability","tag-gic-re","tag-government-exams","tag-insurance-regulation","tag-irdai","tag-lic","tag-new-india-assurance","tag-systemic-risk"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/49011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=49011"}],"version-history":[{"count":2,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/49011\/revisions"}],"predecessor-version":[{"id":49054,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/49011\/revisions\/49054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/49053"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=49011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=49011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=49011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}