Composition of authority According to the section 4 of IRDA Act, the Insurance Regulatory and Development Authority specifies the composition of Authority.
This Authority is a ten member team that comprises of:
1) A chairman.
2) Five full-time members.
3) Four part-time members.
The central government appoints these members based on their knowledge and experience in life insurance, general insurance, finance, economics, law, accountancy etc.
What is the composition of the insurance authority?
![What is the composition of the insurance authority?]()
Reviewed by enakta13
on
October 17, 2019
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