Board Of IRDA

Hey I want to know that how the board of structure for the Insurance Regulatory and Development Authority of India (IRDAI) IRDA is formaed so can you please tell me the same

[Harsh Pandit]

The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous apex statutory body which regulates and develops the insurance industry in India.

As per the section 4 of IRDAI Act' 1999, Insurance Regulatory and Development Authority of India (IRDAI, which was constituted by an act of parliament) specify the composition of Authority

The Authority is a ten member team consisting of

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

(all appointed by the Government of India)

IRDA Products

Life Insurers

General Insurers

Health Insurers


The IRDA agency operates from its headquarters at Hyderabad, Telangana where it shifted from Delhi in 2001