TNPSC Thervupettagam

IRDAI silver Jubilee

April 26 , 2024 9 days 241 0
  • The Insurance Regulatory and Development Authority of India (IRDAI) celebrates its Silver Jubilee on April 19.
  • In line with the Malhotra Committee report's recommendations, the IRDAI was set up in 1999 as an autonomous body for regulating and taking ahead the insurance industry.
  • On April 19, 2000, it was formally established as a statutory body.
  • IRDAI has been at the forefront of shaping India's insurance ecosystem, fostering transparency, efficiency, and customer-centricity.

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