For what area IRDA – Insurance Regulatory And Development Authority work for ?

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Anonymous User asked 14-Dec-2017 in Banking by Anonymous User

For what area IRDA – Insurance Regulatory And Development Authority work for ?

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Anonymous User answered 16-Dec-2017 by Anonymous User

For regulating and promoting the insurance and reinsurance industries in our nation Insurance Regulatory and Development Authority has been organized. It had been deep-rooted by the Insurance restrictive and Development Authority Act, 1999, associate degree Act which was passed by the Government of India.

For what area IRDA – Insurance Regulatory And Development Authority work for ?

The agency's headquarters are situated in Hyderabad, Telangana, wherever it moved from Old Delhi in 2001.

This authority has a 10-member body as well as the chairman, 5 full-time and 4 part-time members appointed by the govt. of the Republic of India.

Anonymous User commented 23-Jul-2019 by Anonymous User
Thanks for answering.
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