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Core Purpose

Notification by the Insurance Regulatory and Development Authority of India reconstituting the Insurance Advisory Committee under section 25(1) of the IRDAI Act, 1999, appointing eighteen members effective from the date of publication.

Detailed Summary

The Insurance Regulatory and Development Authority of India (IRDAI), by notification F. No. IRDAI/IAC/6/194/2023 dated 22 August 2023 issued at Hyderabad, exercising powers under sub-section (1) of Section 25 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999) and Regulation 3A of the Insurance Regulatory and Development Authority (Insurance Advisory Committee) Regulations, 2000, reconstitutes the Insurance Advisory Committee with effect from the date of publication, appointing as members the Chairman of the State Bank of India, the Chairpersons of the Executive Committees of the Life Insurance Council and General Insurance Council, the Director of the National Insurance Academy, the President of the Institute of Actuaries of India, the President of the Insurance Brokers' Association of India, the President of the Indian Institute of Insurance Surveyors & Loss Assessors, and named individuals Shri Arijit Basu, Shri L. Viswanathan, Dr. K. Srinath Reddy, Shri N.S. Kannan, Dr. Ajit Ranade, Shri Dhananjay N. Date, Shri Shrimohan Yadav, Ms. Padmaja Chunduru, Dr. Hari Shankar Gaur, Shri P.S. Jayakumar and Shri Rajendra Beri.

Full Text

5399 GI/202 3 (1) रजिस्ट्री सं. डी.एल.- 33004/99 REGD. No . D. L. -33004/99 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 588] NEW DELHI , WEDNES DAY , AUGUST 23, 2023/ BHADRA 1, 1945 CG-DL-E-23082023-248262 INSURANCE REGUL ATORY AND DEVELOPMENT AUTHORITY OF INDIA NOTIFICATION Hyderabad, the 22nd August, 2023 RECONSTITUION OF INSURANCE ADVISORY COMMITTEE F. No. IRDAI/IAC/6/194/2023 .—In exercise of the powers conferred by sub -section (1) of Section 25 of the Insurance Re gulato ry and Development Authority Act, 1999 (41 of 1999), and in terms of Regulation 3A of the Insurance Regulatory and Development Authority (Insurance Advisory Committee) Regulations, 2000, t he Authority hereby makes the following notification reconstituting the Insurance Advisory Committee which will be effective from the date of publication in the official gazette. The following are appointed as the members of the reconstituted Insurance A dvisory Committee: 1. Chairman, State Bank of India 2. Chairperson of Executive Committee of Life Insurance Council 3. Chairperson of Executive Committee of General Insurance Council 4. Director, National Insurance Academy 5. President , Institute of Actuaries of India 6. President, Insurance Brokers’ Association of India 7. President, Indian Institute of Insurance Surveyors & Loss Assessors 8. Shri Arijit Basu 9. Shri L. Viswanathan 10. Dr. K. Srinath Reddy 11. Shri N.S. Kannan 12. Dr. Ajit Ranade 13. Shri Dhananjay N. Date 14. Shri Shrimohan Yadav 15. Ms. Padmaja Chunduru 16. Dr. Hari Shankar Gaur 17. Shri P.S. Jayakumar 18. Shri Rajendra Beri DEBASISH PANDA, Chairperson [ADVT. -III/4/Exty./ 370/2023 -24] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri , New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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