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The Insurance Regulatory and Development Authority (IRDA) was established in 2000 as an autonomous body to regulate the insurance sector in India. IRDA aims to protect policyholders, facilitate growth of the insurance industry, and ensure customers receive clear information. It issues registrations to insurance companies and agents, regulates premium rates and investment of funds, settles disputes, and promotes competition in the industry. IRDA is led by a Chairman and overseen by a board of 10 members appo
- Author
- Raghav Dhillon
- Language
- EN