Current Chairman Of Insurance Regulatory And Development Authority

Who is the Current Chairman of Insurance Regulatory and Development Authority, can you please tell me? Also provide me the list of other members of the Insurance Regulatory and Development Authority, as here I am looking for the same?

Hi buddy I want to know who is Current Chairman Of Insurance Regulatory And Development Authority , so will you plz let me know his /her name here ??

[pawan]

Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous, statutory body tasked with regulating and promoting the insurance and re-insurance industries in India.

As you want here I am telling TS Vijayan is new chairman of the Insurance Regulatory and Development Authority (IRDA).

IRDA Functions

Issuing, renewing, modifying, withdrawing, suspending or cancelling registrations

Protecting policyholder interests

Specifying qualifications, the code of conduct and training for intermediaries and agents

Specifying the code of conduct for surveyors and loss assessors

Promoting efficiency

Promoting and regulating professional organisations connected with the insurance and re-insurance industry

Levying fees and other charges

Inspecting and investigating insurers, intermediaries and other relevant organisations

Regulating rates, advantages, terms and conditions which may be offered by insurers not covered by the Tariff Advisory Committee under section 64U of the Insurance Act, 1938 (4 of 1938)

Specifying how books should be kept

Regulating company investment of funds

Regulating a margin of solvency

Adjudicating disputes between insurers and intermediaries or insurance intermediaries

Supervising the Tariff Advisory Committee

Specifying the percentage of premium income to finance schemes for promoting and regulating professional organisations

Specifying the percentage of life- and general-insurance business undertaken in the rural or social sector

Specifying the form and the manner in which books of accounts shall be maintained, and statement of accounts shall be rendered by insurers and other insurer intermediaries.