129th Meeting of IRDAI
The 129th meeting of the IRDAI marks a significant moment in the evolution of the Indian insurance industry. With a focus on reinsurance, future-ready initiatives, and insurance inclusion, the meeting reflected the regulator’s commitment to shaping a dynamic and sustainable insurance ecosystem. The decisions made during this meeting, particularly the registration of M/s Valueattics Reinsurance Ltd., the identification of D-SIIs, and the progress on Bima Sugam and the State Insurance Plan, signal that the Indian insurance industry is poised for continued growth and transformation. As these initiatives take shape, they will not only enhance the competitiveness of the market but also ensure that insurance becomes an accessible and essential part of the lives of all Indians.
