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The Insurance Regulatory and Development Authority of India (IRDAI) is a regulatory body responsible for overseeing and developing the insurance sector in India. It was established in 2000 to regulate and supervise the business of insurance, including life insurance and non-life insurance. IRDAI formulates policies and regulations to ensure fair market practices and protects the interests of policyholders. The authority also promotes the development of the insurance industry through various initiatives.

Insurance Regulatory and Development Authority of India (IRDAI)

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