#1
10th February 2017, 10:09 AM
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All About IRDA
I want to get the information about Insurance Regulatory and Development Authority IRDA so can you provide me?
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#2
10th February 2017, 10:31 AM
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Re: All About IRDA
The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous, statutory agency of regulating and promoting the insurance and re-insurance industries in India. The agency's headquarters are in Hyderabad, Telangana. It was constituted by the Insurance Regulatory and Development Authority Act, 1999. Functions- Issuing, renewing, modifying, withdrawing, suspending or cancelling registrations 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 Protecting policyholder interests Specifying qualifications, the code of conduct and training for intermediaries and agents 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 Contact- Head Office : Insurance Regulatory and Development Authority of India 3rd Floor, Parisrama Bhavan, Basheer Bagh HYDERABAD 500 004 Telangana State (INDIA ) Ph: (040) 23381100 Fax: (040) 6682 3334 Delhi Office: Insurance Regulatory and Development Authority of India Delhi Office – Gate No. 3 Jeevan Tara Building, First Floor Sansad Marg, New Delhi-110001 Ph: (011) - 2344 4400 Fax: (011) - 2374 7650 Mumbai Office: Insurance Regulatory and Development Authority of India Mumbai Regional Office Royal Insurance Building 12, J. Tata Road, Ground Floor Mumbai 400 020. Near Churchgate) Phone No.: 022- 22898600 |
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