The Hindu·4 min read·hard

IRDAI greenlights reforms, policyholder fund norms, new general insurer

N
N. Ravi Kumar
IRDAI greenlights reforms, policyholder fund norms, new general insurer
AI Summary

The IRDAI has approved significant regulatory reforms, including new investment norms and the establishment of a Policyholders’ Education and Protection Fund. These changes aim to improve insurance literacy, increase accountability for intermediaries, and facilitate the implementation of the 2025 Sabka Bima Sabki Raksha Act.

Insurance regulator IRDAI approved various regulatory, supervisory and developmental reforms, including the Policyholders’ Education and Protection Fund (PEPF) regulations, besides permitting a new general insurer at its meeting on Tuesday (July 28, 2026) .

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IRDAI greenlights reforms, policyholder fund norms, new general insurer — Headlinne — headlinne