IRDAI notified regulations for the minimum information required for Investigation and Inspection

The Regulations contains three detailed parts explaining every record to be kept and the manner and place for the same: Part I – Provisions applicable to all insurers

Part II – Provisions applicable to Intermediaries & Insurance Intermediaries

Part III – Common provisions applicable to Insurers, Intermediaries & Insurance Intermediaries

Effective date: November 26, 2020

Source: Insurance Regulatory and Development Authority of India (Minimum Information Required for Investigation and Inspection) Regulations, 2020 dated November 23, 2020