IRDAI selects LIC, GIC Re and New India Assurance as Domestic Systemically Important Insurers
The Insurance Regulatory and Development Authority (IRDAI) stated on Thursday that Life Insurance Corporation of India, General Insurance Corporation of India and New India Assurance Co Ltd continue to be identified as Domestic Systemically Important Insurers (D-SIIs) for 2021-22. Domestic Systemically Important Insurers (D-SIIs) are the insurance companies that are considered “Too Big to Fail”. […]