Insurance Regulatory and Development Authority of India (IRDAI)
- IRDAI recently granted license to conduct life insurance business in India to Go Digit Life Insurance Limited.
- IRDAI is a statutory body under the jurisdiction of Ministry of Finance.
- It is tasked with regulating and licensing the insurance and re-insurance industries in India.
- It was constituted by the Insurance Regulatory and Development Authority Act, 1999.
- IRDAI is a 10-member body including the chairman, five full-time and four part-time members appointed by the government of ....
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