INSURANCE REGULATORY AND
DEVELOPMENT AUTHORITY OF INDIA
Ref No. IRDAI/INT/CIR/ORD/202/11/2019
19th November, 2019
All Insurance Intermediaries
Subject:- i) Withdrawal of circular no. IRDA/ INT/ CIR/ ORD/ 208/11/ 2015 dt 20.11.2015; and
ii) Deletion of para 6 of circular no IRDA/ F&A/ GDL/ 180/ 10/2015 dt 19.10.2015 pertaining to Indian owned and controlled
Consequent upon notification of Indian Insurance Companies (Foreign Investment) Amendment Rules, 2019 and IRDAI (Insurance Intermediaries) (Amendment) Regulations, 2019, it is observed that the circular no. IRDA/ INT/ CIR/ ORD/ 208 11/ 2015 dt 20.11.2015 has become redundant. Similarly, para 6 of circular no IRDA/ F&A/GDL/ 180/ 10 2015 dt 19.10.2015 has also become redundant. Therefore, the Authority in exercise of powers conferred under Section 14(1) of the IRDA Act, 1999, the Authority
i) withdraws circular no. IRDA/ INT/ CIR/ ORD/ 208/ 11/ 2015 dt 20.11.2015
ii) deletes para 6 of circular no IRDA/ F&A/ GDL/ 180/ 10 2015 dt 19.10.2015
(Sujay Banarji)
Member (Distribution)
