Insurance Regulatory and Development Authority (IRDA) is an autonomous apex statutory body which regulates and develops the insurance industry in India. It was constituted by a Parliament of India act called Insurance Regulatory and Development Authority Act, 1999 and duly passed by the Government of India.
The agency operates its headquarters at Hyderabad, Andhra Pradesh where it shifted from Delhi in 2001.
Read more about Insurance Regulatory And Development Authority: History, Organizational Structure, Duties, Powers and Functions
Famous quotes containing the words insurance, development and/or authority:
“... business training in early life should not be regarded solely as insurance against destitution in the case of an emergency. For from business experience women can gain, too, knowledge of the world and of human beings, which should be of immeasurable value to their marriage careers. Self-discipline, co-operation, adaptability, efficiency, economic management,—if she learns these in her business life she is liable for many less heartbreaks and disappointments in her married life.”
—Hortense Odlum (1892–?)
“America is a country that seems forever to be toddler or teenager, at those two stages of human development characterized by conflict between autonomy and security.”
—Anna Quindlen (b. 1952)
“I am still a learner, not a teacher, feeding somewhat omnivorously, browsing both stalk and leaves; but I shall perhaps be enabled to speak with more precision and authority by and by,—if philosophy and sentiment are not buried under a multitude of details.”
—Henry David Thoreau (1817–1862)