Gazette Information

Gazette Title

Insurance Regulatory and Development Authority of India (Maintenance of Information by the Regulated Entities and Sharing of Information by the Authority), Regulations 2025

Gazette Number

99GI/2025

Publication Date

January 1, 2025

Issuing Authority

Insurance Regulatory and Development Authority of India

Summary

• The regulations aim to enable insurers to maintain data in electronic form, ensuring security and compliance with applicable laws.
• Insurers and intermediaries are required to maintain all necessary data for investigations and inspections.
• The Authority will share information judiciously while considering confidentiality and stakeholder interests.
• Definitions of key terms such as "Authority," "Confidential Information," and "Minimum Information" are provided.
• Provisions for sharing confidential information with domestic or foreign entities are outlined.
• Requirements for maintaining insurance records and minimum information for investigation and inspection are specified.