The Insurance Regulatory and Development Authority of India (IRDAI) has announced the reconstitution of the Insurance Advisory Committee under Section 25 of the IRDA Act, 1999, and Regulation 3A of the Insurance Advisory Committee Regulations, 2000. This notification, issued on March 13, 2025, outlines the appointment of five new members to fill vacancies in the committee. The appointed members are M. R. Kumar, Dinesh Kumar Khara, Vishakha Mulye, Nilesh Shah, and Alice Geevarghese Vaidyan. The notification becomes effective from the date of its publication in the official gazette. The reconstitution of the committee is aimed at strengthening regulatory oversight and providing expert guidance on policy matters within the insurance sector.
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA
NOTIFICATION
Hyderabad, the 13th March, 2025
FILLING OF VACANCIES IN THE INSURANCE ADVISORY COMMITTEE
F. No. IRDAI/IAC/7/214/2025.—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 Regulatory and Development Authority (Insurance Advisory Committee) Regulations, 2000, the Authority hereby makes the following notification for filling of vacancies in the Insurance Advisory Committee which will be effective from the date of publication in the official gazette.
The following are appointed as the members of the reconstituted Insurance Advisory Committee:
1. M. R. Kumar
2. Dinesh Kumar Khara
3. Vishakha Mulye
4. Nilesh Shah
5. Alice Geevarghese Vaidyan
[ADVT.-III/4/Exty./1033/2024-25]
DEBASISH PANDA, Chairperson
