Reinsurance Revolution: IRDAI Greenlights India's First Private Player

Unknown Apr 02, 2026 1,050 Views

In a historic move, the Insurance Regulatory and Development Authority of India (IRDAI) has given its approval to Valueattics Reinsurance Ltd, opening the door to the first private-sector reinsurer in India. The decision puts an end to the long-standing monopoly of the public sector in the reinsu...