Insurance sector recorded AUM of Rs 74.44 lakh crore, premiums of Rs 11.93 lakh crore in FY25: DFS Secretary
He further said the total reinsurance market in India stood at Rs 1.12 lakh crore in 2024–25.
Insurance Regulatory and Development Authority of India. (Photo: www.irdai.gov.in)
The Central government has appointed Subash Chandra Khuntia as the new Chairman of Insurance Regulatory and Development Authority of India (IRDAI), said a senior official.
A 1981 batch IAS officer and a former Chief Secretary of Karnataka, Khuntia will head IRDAI for three years from the date he assumes charge, an IRDAI official told IANS.
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Khuntia succeeds T.S. Vijayan who retired as IRDAI head some time back.
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