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It is tasked with regulating and licensing the insurance and re-insurance industries in India. [2] It was constituted by the Insurance Regulatory and Development Authority Act, 1999, [3] an Act of Parliament passed by the Government of India. [4] The agency's headquarters are in Hyderabad, Telangana, where it moved from Delhi in 2001. [5]
The Insurance Act had resulted in the formation of Controller of Insurance, a regulatory authority. But following the nationalisation of major insurance companies in India, under Life Insurance of India Corporation Act, 1956 and General Insurance Business (Nationalisation) Act, 1972, its importance diminished.
Food Safety and Standards Authority of India: Aug-2011: Security Market: Securities and Exchange Board of India: 12-Apr-1992: Aeronautical Tariff: Airports Economic Regulatory Authority: 12-May-2009: Insurance industry: Insurance Regulatory and Development Authority: 1999: Cost Accounting and Cost Audits: The Institute of Cost Accountants of ...
Aviva Life Insurance Company India Ltd. Private Gurugram: 2002 13: Sahara India Life Insurance Co. Ltd. Private Lucknow: 2004 14: Shriram Life Insurance Co. Ltd. Private Hyderabad: 2005 15: Bharti AXA Life Insurance Co. Ltd. Private Mumbai: 2008 16: Future Generali India Life Insurance Co. Ltd. Private Mumbai: 2007 17: Ageas Federal Life ...
The primary regulator for insurance in India is the Insurance Regulatory and Development Authority of India (IRDAI) which was established in 1999 under the government legislation called the Insurance Regulatory and Development Authority Act, 1999. [10] [11]
Airports Economic Regulatory Authority; Appellate Tribunal Appellate Tribunal for Forfeited Property; Income-Tax Appellate Tribunal; Customs, Excise and Service Tax Appellate Tribunal; Authority for Advance Rulings (Central Excise, Customs and Service Tax) Competition Commission of India; Competition Appellate Tribunal; Company Law Board
Chairperson, 16th Finance Commission of India: Arvind Panagariya: 16 January 2024 Governor, Reserve Bank of India: Sanjay Malhotra: 11 December 2024 [27] Chairperson, Securities and Exchange Board of India: Tuhin Kanta Pandey: 1 March 2025 Chairperson, Insurance Regulatory and Development Authority: Debasish Panda: 12 March 2022 [28 ...
Securities Appellate Tribunal is an Indian statutory and autonomous body created to hear appeals against the orders of India's main financial regulators.The presiding officer and other members of the Board are elected by the selection committee of the Prime Minister of India.