IRDA
Insurance Regulatory and Development Authority
(बीमा विनियामक और विकास प्राधिकरण)
IRDA Logo
Abbreviation IRDA
Headquarters 3rd Floor, Parisrama Bhavan, Basheer Bagh, Hyderabad, Andhra Pradesh
Location Hyderabad, Delhi
Coordinates 17°23′06″N 78°29′10″E / 17.385°N 78.486°ECoordinates: 17°23′06″N 78°29′10″E / 17.385°N 78.486°E
Chairman, IRDA T.S. Vijayan[1]
Website irda.gov.in intro Insurance Regulatory and Development Authority (IRDA) is an autonomous apex statutory body which regulates and develops the insurance industry in India. It was constituted by a Parliament of India act called Insurance Regulatory and Development Authority Act, 1999 [2][3] and duly passed by the Government of India.[4]
The agency operates from its headquarters at Hyderabad, Andhra Pradesh where it shifted from Delhi in 2001.[5]
IRDA batted for a hike in the foreign direct investment (FDI) limit to 49 per cent in the insurance sector from the erstwhile 26 per cent.[6] The FDI limit in insurance sector was raised to 49% in July 2013.
IRDA Office Addresses
Head Office:
Insurance Regulatory and Development Authority (IRDA),
3rd Floor, Parisrama Bhavan,
Basheer Bagh,
Hyderabad – 500 004
Ph: (040) 23381100
Fax: (040) 6682 3334
Email:irda@irda.gov.in
Branch-Office:
Insurance Regulatory and Development Authority
Gate No. 3, Jeevan Tara Building, First Floor,
Sansad Marg,
New Delhi-110001
Ph: (011) – 2374 7648
Fax: (011) 2374 3397
Under IRDA Act, two councils have been established for regulation of Life and Non-Life (General) Insurance companies across India as follows:
a) Life Insurance Council
b) General Insurance Council
Life Insurance Council
4th Floor, Jeevan Seva Annexe Building,
Santacruz (West),
Mumbai
Tel. No: 022 - 26103303/05 /06
Fax No: 022 - 26103304
General Insurance Council
“Suraksha”, 5th Floor,
170, J. Tata Road,
Churchgate,
Mumbai – 400 020
Tel. No.: 022 – 22867518
Fax. No.: 022 – 22833209 history The IRDA Act,
(बीमा विनियामक और विकास प्राधिकरण)
IRDA Logo
Abbreviation IRDA
Headquarters 3rd Floor, Parisrama Bhavan, Basheer Bagh, Hyderabad, Andhra Pradesh
Location Hyderabad, Delhi
Coordinates 17°23′06″N 78°29′10″E / 17.385°N 78.486°ECoordinates: 17°23′06″N 78°29′10″E / 17.385°N 78.486°E
Chairman, IRDA T.S. Vijayan[1]
Website irda.gov.in intro Insurance Regulatory and Development Authority (IRDA) is an autonomous apex statutory body which regulates and develops the insurance industry in India. It was constituted by a Parliament of India act called Insurance Regulatory and Development Authority Act, 1999 [2][3] and duly passed by the Government of India.[4]
The agency operates from its headquarters at Hyderabad, Andhra Pradesh where it shifted from Delhi in 2001.[5]
IRDA batted for a hike in the foreign direct investment (FDI) limit to 49 per cent in the insurance sector from the erstwhile 26 per cent.[6] The FDI limit in insurance sector was raised to 49% in July 2013.
IRDA Office Addresses
Head Office:
Insurance Regulatory and Development Authority (IRDA),
3rd Floor, Parisrama Bhavan,
Basheer Bagh,
Hyderabad – 500 004
Ph: (040) 23381100
Fax: (040) 6682 3334
Email:irda@irda.gov.in
Branch-Office:
Insurance Regulatory and Development Authority
Gate No. 3, Jeevan Tara Building, First Floor,
Sansad Marg,
New Delhi-110001
Ph: (011) – 2374 7648
Fax: (011) 2374 3397
Under IRDA Act, two councils have been established for regulation of Life and Non-Life (General) Insurance companies across India as follows:
a) Life Insurance Council
b) General Insurance Council
Life Insurance Council
4th Floor, Jeevan Seva Annexe Building,
Santacruz (West),
Mumbai
Tel. No: 022 - 26103303/05 /06
Fax No: 022 - 26103304
General Insurance Council
“Suraksha”, 5th Floor,
170, J. Tata Road,
Churchgate,
Mumbai – 400 020
Tel. No.: 022 – 22867518
Fax. No.: 022 – 22833209 history The IRDA Act,