Ministry : Insurance Regulatory And Development Authority (Not Applicable)

Part III-Section 4

Subject : Extra Ordinary

Gazette Information

  • Gazette Title: Insurance Regulatory and Development Authority of India (Re-insurance Advisory Committee) (Amendment) Regulations, 2025
  • Gazette Number: 98 GI/2025
  • Publication Date: January 1, 2025
  • Issuing Authority: Insurance Regulatory and Development Authority of India
  • Summary:
    • The regulations aim to enhance the efficiency of the Re-insurance Advisory Committee.
    • These regulations will come into force on the date of their publication in the official Gazette.
    • Amendments include provisions for resignation, removal from office, and filling of casual vacancies.
    • Criteria for removal of committee members are specified, including insolvency and moral turpitude.
    • Meetings of the Committee may be held as often as necessary at locations and times decided by the Chairman.

In exercise of the powers conferred by sub section (2) of section 101B read with clauses (zb) and (zd) of sub section (2) of section 114A of the Insurance Act 1938 the Authority

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