Press Release – Processing of registration applications of new insurers

  • Regulatory Updates
  • Press Release – Processing of registration applications of new insurers

IRDAI has issued a Press Release on ‘Processing of registration applications of new insurers’ under the IRDAI (Registration of Indian Insurance Companies) Regulations, 2000, dated April 26, 2022 .

The new mechanism for processing of registration applications of new insurers would facilitate following:

  • Bring down the turnaround time for incorporation of a new entity and for grant of Certificate of Registration to commence insurance business.
  • Help global and domestic investors to invest with ease in insurance sector.

Source category: IRDAI

Attachments

  • /2022/19_Press_Release_-_Processing_of_registration_applications_of_new_insurers.pdf

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