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IRDA

The acronym for the Insurance Regulatory and Development Authority of India, it is the apex body overseeing the insurance business in India. It protects the interests of the policyholders, regulates, promotes and ensures orderly growth of the insurance in India.

News On IRDA
FinMin invites applications for IRDAI chairman post

30-11-2017| Source:Moneycontrol.com

The chairperson, according to the IRDA Act 1999, can hold office for a term of 5 years from the date on which he enters upon his office and or till 65 years of age.

Capital requirement for smaller insurance players will be taken care of: Ashvin Parekh  

30-11-2017| Source:CNBC-TV18

Sources suggest that the Insurance Regulatory and Development Authority (IRDA) have approved private equity investors to hold over 10 percent in insurance companies.

IRDA board meet: PE players may be permitted to invest over 10% with 5-year lock-in  

29-11-2017| Source:CNBC-TV18

The Insurance Regulatory and Development Authority (IRDA) board is meeting today to discuss a variety of issues. Top on the agenda is a proposal to allow private equity (PE) players to invest over 10

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