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  #2  
May 14th, 2016, 01:55 PM
Super Moderator
 
Join Date: Mar 2012
Re: IRDA When Started

I will tell you the establishment year and details about Insurance Regulatory and Development Authority so that you can go through it easily.

The Insurance Regulatory and Development Authority was setup in 1999. The agency operates from its headquarters at Hyderabad, Telangana where it shifted from Delhi in 2001. The IRDA opened up the market in August 2000 with the invitation for application for registrations. Foreign companies were allowed ownership of up to 26%

Career
The Insurance Regulatory and Development Authority offer Junior Officer post and is a highly paid job.

Eligibility of IRDA is first class in graduation and age criteria is 21 to 30. Application form comes in January and examination conducts in February.

The exam is conducted in 3 phases. Phase 1 is Online Preliminary Objective,

Test Phase 2 is Computer based Descriptive Test Phase 3 is Interview. Basically quantitative, reasoning general awareness and English language

Types of insurance companies associate with IRDA
Public Sector

Agriculture Insurance Company of India
National Insurance Company
New India Assurance
The Oriental Insurance Company
United India Insurance Company[1][2]

Private Sector
Bajaj Allianz General Insurance
Bharti AXA General Insurance
Cigna TTK
HDFC ERGO General Insurance Company
ICICI Lombard
IFFCO Tokio
L&T General Insurance
Liberty Videocon General Insurance
Max Bupa
Reliance General Insurance
Religare
Tata AIG General


Address:-
Insurance Regulatory and Development Authority
3rd Floor, Parisrama Bhavan, Basheer Bagh HYDERABAD 500 004
Telangana State (INDIA )

Phone:-
(040) 23381100


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