Which agency regulates insurance companies?
1. Insurance Regulatory and Development Authority of India (IRDAI), is a statutory body formed under an Act of Parliament, i.e., Insurance Regulatory and Development Authority Act, 1999 (IRDAI Act 1999) for overall supervision and development of the Insurance sector in India.
What is the regulating body of the insurance industry?
Insurance Regulatory Commission of Sri Lanka.
What are the law that governs insurance in Nigeria?
Among these legislations are: Insurance Act 2003, being the primary Act governing the business of insurance and the Motor Vehicle (Third party insurance) Act 1945 which is the primary Act that governs Motor Insurance in Nigeria.
Which government regulatory body is responsible for overseeing insurance companies?
Federal Insurance Office: The Dodd-Frank Wall Street Reform and Consumer Protection Act established Treasury's Federal Insurance Office (FIO) and vested FIO with the authority to monitor all aspects of the insurance sector, monitor the extent to which traditionally underserved communities and consumers have access to ...