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INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY- IRDA

Insurance Regulatory and Development Authority - Irda

IRDA was set up by the parliament in 1999. The section 4 of IRDA Act' 1999,

Insurance Regulatory and Development Authority specify the composition of Authority


The Authority is a ten-member team consisting of

a. Chairman; b. five whole-time members; c. four part-time members,

All these positions are appointed by the Government of India

IRDA - Duties,Powers and Functions

Section 14 of IRDA Act, 1999 lays down the duties, powers and functions of IRDA..(1) Subject to the provisions of this Act and any other law for the time being in force, the Authority shall have the duty to regulate, promote and ensure orderly growth of the insurance business and re-insurance business.

Head Office
Insurance Regulatory and Development Authority
3rd Floor, Parisrama Bhavan,
Basheer Bagh
HYDERABAD 500 004
Andhra Pradesh (INDIA )
Ph: (040) 23381100
Email:irda@irda.gov.in


Delhi Office
Insurance Regulatory and Development Authority
Delhi Office - Gate No. 3
Jeevan Tara Building, First Floor
Sansad Marg,
New Delhi-110001
Ph: (011) - 2374 7648


Chairman:

Mr.J.Hari Narayan
040-23241273
040-66820957
Fax : 040-66823334
chairman@irda.gov.in