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Brief
On 13/03/2025, the Insurance Regulatory and Development Authority of India issued an update regarding Press Release 129th Authority Meeting. The meeting discussed key aspects such as registration of M/s Valueattics Reinsurance Ltd., identification of Domestic Systemically Important Insurers (D-SIIs), status updates on Bima Sugam - Insurance Electronic Marketplace, and progress made in future-ready initiatives including implementation of Indian Risk-Based Capital (RBC) and Ind AS.
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