The Insurance Regulatory and Development Authority of India (Irdai) has granted insurers greater flexibility in investing in Alternative Investment Funds (AIFs).
GK and monthly revision
Irdai clarifies on AIF norms for insurers
The Insurance Regulatory and Development Authority of India (Irdai) has granted insurers greater flexibility in investing in Alternative Investment Funds (AIFs). However, the regulator has restricted overseas investments using policyholder funds through these avenues, emphasizing that insurer capital proceeds must remain within India. This move aims to provide insurers with more investment options while ensuring that policyholder funds are invested domestically, which is significant for exam preparation as it highlights regulatory changes in the insurance sector.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
Irdai has restricted overseas investments using policyholder funds through AIFs, emphasizing that insurer capital proceeds must remain within India.
The move aims to provide insurers with more investment options while ensuring that policyholder funds are invested domestically.
Irdai is the insurance regulator in India, established under the Insurance Regulatory and Development Authority Act, 1999.
Alternative Investment Funds (AIFs) are investment funds that are not publicly traded and are regulated by the Securities and Exchange Board of India (SEBI).
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Keep state job pages, calendar pages and GK packs connected in one path.