The Insurance Regulatory and Development Authority of India (IRDAI) issued a notification on March 21, 2017, regarding the reconstitution of the Insurance Advisory Committee. This action is taken in exercise of the powers conferred by subsection 1 of Section 25 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), and in terms of Regulation 3A of the Insurance Advisory Committee Meetings Regulations, 2000. The reconstituted committee, effective from May 25, 2017, includes the following members: Chairman of Life Insurance Corporation of India; Chairman-cum-Managing Director of National Insurance Co. Ltd.; Chairman-cum-Managing Director of General Insurance Corporation of India; MD & CEO of ICICI Prudential Life Insurance Co. Ltd.; MD & CEO of Bajaj Allianz General Insurance Co. Ltd.; Chairman-cum-Managing Director of Star Health and Allied Insurance Co. Ltd.; Director of National Insurance Academy; President of the Institute of Actuaries of India; President of the Insurance Brokers Association of India; President of the Indian Institute of Insurance Surveyors & Loss Assessors; Insurance Ombudsman, Guwahati; Secretary General of the Insurance Institute of India; Secretary of the General Insurance Council; Secretary of the Life Insurance Council; Managing Director of Vidal Health TPA Private Ltd.; Chairman of ASSOCHAM, National Council for Insurance; Managing Director & CEO of Indian Bank; Chief Executive Officer of CAMS Insurance Repository Services Ltd.; Chief Executive Officer of XL Insurance Co. SE, Branch in India; M. Rajyalakshmi Rao; Goraknath Agarwal; M. Kalyanasundaram; M. Rajavardhan Reddy; and Adnan Mahmood. T. S. Vijayan, Chairman, IRDAI. The notification number is F. No. IRDAIIAC21392017.
Key Entities Referenced
Insurance Regulatory and Development Authority of India: Regulatory body overseeing and promoting the insurance industry in India.
Insurance Advisory Committee: A committee reconstituted by the Insurance Regulatory and Development Authority of India to provide guidance and advice on insurance matters.
Insurance Regulatory and Development Authority Act, 1999: The act that establishes the Insurance Regulatory and Development Authority and defines its powers and functions.
Life Insurance Corporation of India: A state-owned insurance group and investment company in India.
National Insurance Co. Ltd.: A public sector general insurance company in India.
General Insurance Corporation of India: The sole reinsurance company in the Indian insurance market.
Institute of Actuaries of India: Professional body for actuaries in India.
Insurance Ombudsman, Guwahati, Assam: An authority for grievance redressal in the insurance sector located in Guwahati.
jftLVªh laö Mhö ,yö&33004@99
REGD. NO. D. L.-33004/99
vlk/kj.k
EXTRAORDINARY
Hkkx III—[k.M 4
PART III—Section 4
izkf/dkj ls izdkf'kr
PUBLISHED BY AUTHORITY
la- 121] ubZ fnYyh] cq/okj] ekpZ 29] 2017@pS=k 8] 1939
No. 121] NEW DELHI, WEDNESDAY, MARCH 29, 2017/CHAITRA 8, 1939
भारतीय बीमा िविनयामक और िवकास (cid:7079)ािधकरण
अिधसचू ना
हदै राबाद, 21 माचर्, 2017
बीमा सलाहकार सिमित का पनु गठर् न
फा. स.ं भा.बी.िव.िव.(cid:7079)ा./बी.स.स/2/139/2017.—बीमा िविनयामक और िवकास (cid:7079)ािधकरण अिधिनयम, 1999
(1999 का 41) की धारा 25 की उप-धारा (1) (cid:7367)ारा (cid:7079)द(cid:7275) शि(cid:7334)य(cid:7298) का (cid:7079)योग करते हुए तथा बीमा सलाहकार सिमित (बैठक(cid:7286))
िविनयम, 2000 के िविनयम 3अ के अनुसार, (cid:7079)ािधकरण बीमा सलाहकार सिमित का पुनगर्ठन करते हुए इसके (cid:7367)ारा
िन(cid:7388)िलिखत अिधसूचना बनाता ह ैजो 25 मई, 2017 से (cid:7079)भावी होगीः
पुनगर्िठत बीमा सलाहकार सिमित िन(cid:7388)ानुसार हःै—
1. अध्यक्ष, भारतीय जीवन बीमा िनगम
2. अध्यक्ष-व-(cid:7079)बंध िनदशे क, नेशनल इंश्योर(cid:7286)स कंपनी िलिमटेड
3. अध्यक्ष-व-(cid:7079)बंध िनदशे क, भारतीय साधारण बीमा िनगम
4. (cid:7079)बंध िनदशे क एवं मुख्य कायर्कारी अिधकारी, आईसीआईसीआई (cid:7079)ुडेिन्शयल लाइफ इंश्योर(cid:7286)स कंपनी िलिमटेड
5. (cid:7079)बंध िनदशे क एवं मुख्य कायर्कारी अिधकारी, बजाज अलायंज़ जनरल इंश्योर(cid:7286)स कंपनी िलिमटेड
6. अध्यक्ष-व-(cid:7079)बंध िनदशे क, स्टार हल्े थ एण्ड अलॉयड इंश्योर(cid:7286)स कंपनी िलिमटेड
7. िनदशे क, रा(cid:7398)ीय बीमा अकादमी
8. अध्यक्ष, भारतीय बीमांकक संस्थान
9. अध्यक्ष, भारतीय बीमा दलाल संघ
1761 GI/2017 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4]
10. अध्यक्ष, भारतीय बीमा सव(cid:7287)क्षक और हािन िनधार्रक संस्थान
11. बीमा लोकपाल, गुवाहाटी
12. महा सिचव, भारतीय बीमा संस्थान
13. सिचव, साधारण बीमा पिरषद
14. सिचव, जीवन बीमा पिरषद
15. (cid:7079)बंध िनदशे क, वाइडल हल्े थ टीपीए (cid:7079)ाइवेट िलिमटेड
16. अध्यक्ष, एसोचैम, रा(cid:7398)ीय बीमा पिरषद
17. (cid:7079)बंध िनदशे क एवं मुख्य कायर्कारी अिधकारी, इंिडयन ब(cid:7289)क
18. मुख्य कायर्कारी अिधकारी, सीएएमएस बीमा िरपोिज़टरी सिवसेज़ िलिमटेड
19. मुख्य कायर्कारी अिधकारी, एक्सएल इंश्योर(cid:7286)स कंपनी एसई, भारत िस्थत शाखा
20. एम. राज्यल(cid:7023)मी राव
21. गोरखनाथ अ(cid:7061)वाल
22. एम. कल्याणसुंदरम
23. एम. राजवधर्न रे(cid:7355)ी
24. अदनान महमूद
टी. एस. िवजयन, अध्यक्ष
[िवज्ञापन. III/4/असा./485/16]
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA
NOTIFICATION
Hyderabad, the 21st March, 2017
RECONSTITUTION OF INSURANCE ADVISORY COMMITTEE
F. No. IRDAI/IAC/2/139/2017.—In exercise of the powers conferred by sub-section (1) of
Section 25 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), and in terms of
Regulation 3A of the Insurance Advisory Committee (Meetings) Regulations, 2000, the Authority hereby
makes the following notification reconstituting the Insurance Advisory Committee which will be effective
from 25th May, 2017:
The reconstituted Insurance Advisory Committee is as under:—
1. Chairman, Life Insurance Corporation of India
2. Chairman-cum-Managing Director, National Insurance Co. Ltd.
3. Chairman-cum-Managing Director, General Insurance Corporation of India
4. MD & CEO, ICICI Prudential Life Insurance Co. Ltd.
5. MD & CEO, Bajaj Allianz General Insurance Co. Ltd.
6. Chairman-cum-Managing Director, Star Health & Allied Insurance Co. Ltd.
7. Director, National Insurance Academy
8. President, Institute of Actuaries of India
9. President, Insurance Brokers’ Association of India¹Hkkx IIIμ[k.M 4º Hkkjr dk jkti=k % vlk/kj.k 3
10. President, Indian Institute of Insurance Surveyors & Loss Assessors
11. Insurance Ombudsman, Guwahati
12. Secretary General, Insurance Institute of India
13. Secretary, General Insurance Council
14. Secretary, Life Insurance Council
15. Managing Director, Vidal Health TPA Private Ltd.
16. Chairman, ASSOCHAM, National Council for Insurance
17. Managing Director & CEO, Indian Bank
18. Chief Executive Officer, CAMS Insurance Repository Services Ltd.
19. Chief Executive Officer, XL Insurance Co. SE, Branch in India
20. M. Rajyalakshmi Rao
21. Goraknath Agarwal
22. M. Kalyanasundaram
23. M. Rajavardhan Reddy
24. Adnan Mahmood
T. S. VIJAYAN, Chairman
[ADVT.-III/4/Exty./485/16]
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.