IRDA got an Actuary after three years

The Government of India has appointed Pournima Gupte as the Actuary of Insurance Regulatory Authority of India (IRDA). The post of Actuary was lying vacant for three years. This post was lastly held by Mr Kannan who was retired three years back. Pournima Gupte had worked with LIC and has worked as actuary at Reliance Life Insurance and IDBI Federal. This is the first time that a woman has been appointed on the board of members of the regulatory authority.

Knowledge is Wealth

• IRDA was set up in the year 2000.
• The current Chairman of IRDA is T S Vijayan. 
• The Headquarters of IRDA is Hyderabad. 
• IRDA was constituted by Insurance Regulatory and Development Authority Act, 1999.