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 (Registration, Capital Structure, Transfer of Shares and Amalgamation of Insurers) Regulations, 2024
Gazette Number
2224 GI/2024
Publication Date
March 20, 2024
Issuing Authority
Insurance Regulatory and Development Authority of India
Summary
- Regulations for the registration, capital structure, transfer of shares, and amalgamation of insurers.
- Promotes growth in the insurance sector by simplifying processes.
- Defines various terms related to insurance business and sets eligibility criteria for applicants.
- Outlines the procedure for registration and the conditions for approval.
- Specifies requirements for capital structure and investment by promoters and investors.
