IRDAI D-SIIs Designation for 2024-25
Domestic Systemically Important Insurers (D-SIIs) are identified by the Insurance Regulatory and Development Authority of India (IRDAI) based on their size, importance, and potential impact on the financial system if they were to face distress.
The IRDAI assesses insurers annually to determine which ones require enhanced supervision due to their systemic importance.
Identified D-SIIs for 2024-25
For the financial year 2024-25, the IRDAI has designated the following insurance companies as Domestic Systemically Important Insurers (D-SIIs):
- Life Insurance Corporation of India (LIC)
- The New India Assurance Company Limited
- General Insurance Corporation of India (GIC Re)
This list matches the companies mentioned in Option A.
Important Questions from Banking Related Schemes
Which of the following sponsored 'Ubharte Sitaare Fund', in August 2021?
Which of the following committees was constituted to study the issues and concerns in the Micro Finance Institution in 2010?
A recent bank merger that has been announced includes Vijaya Bank, Dena Bank, and ______
Which of the following does not provide direct credit assistance to rural households?
Which bank struggled to address the issue of capitalisation and subsequently Reserve Bank of India took over its management in 2020?
