Insurance Regulatory and Development Authority of India
E633192
The Insurance Regulatory and Development Authority of India is the statutory body responsible for regulating, promoting, and ensuring the orderly growth of the insurance and reinsurance industry in India.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Insurance Regulatory and Development Authority of India canonical | 2 |
How this entity was disambiguated
This entity first appeared as the object of triple T6970215 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Insurance Regulatory and Development Authority of India Context triple: [Financial Stability Report, regulatorCovered, Insurance Regulatory and Development Authority of India]
-
A.
Finance Commission of India
The Finance Commission of India is a constitutional body that recommends how tax revenues should be shared between the central government and the states, helping shape the country’s fiscal federalism.
-
B.
International Association of Insurance Supervisors
The International Association of Insurance Supervisors is a global standard-setting body that develops principles, guidance, and frameworks to promote effective and consistent supervision of the insurance sector worldwide.
-
C.
National Association of Insurance Commissioners
The National Association of Insurance Commissioners is a U.S. standard-setting and regulatory support organization composed of state insurance regulators that coordinates insurance regulation and develops model laws and guidelines.
-
D.
Securities and Exchange Board of India
The Securities and Exchange Board of India (SEBI) is India’s statutory regulator for the securities and capital markets, responsible for protecting investors and overseeing market intermediaries and practices.
-
E.
Istituto per la Vigilanza sulle Assicurazioni
Istituto per la Vigilanza sulle Assicurazioni is the Italian public authority responsible for supervising and regulating the insurance and reinsurance markets in Italy.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Insurance Regulatory and Development Authority of India Target entity description: The Insurance Regulatory and Development Authority of India is the statutory body responsible for regulating, promoting, and ensuring the orderly growth of the insurance and reinsurance industry in India.
-
A.
Finance Commission of India
The Finance Commission of India is a constitutional body that recommends how tax revenues should be shared between the central government and the states, helping shape the country’s fiscal federalism.
-
B.
International Association of Insurance Supervisors
The International Association of Insurance Supervisors is a global standard-setting body that develops principles, guidance, and frameworks to promote effective and consistent supervision of the insurance sector worldwide.
-
C.
National Association of Insurance Commissioners
The National Association of Insurance Commissioners is a U.S. standard-setting and regulatory support organization composed of state insurance regulators that coordinates insurance regulation and develops model laws and guidelines.
-
D.
Securities and Exchange Board of India
The Securities and Exchange Board of India (SEBI) is India’s statutory regulator for the securities and capital markets, responsible for protecting investors and overseeing market intermediaries and practices.
-
E.
Istituto per la Vigilanza sulle Assicurazioni
Istituto per la Vigilanza sulle Assicurazioni is the Italian public authority responsible for supervising and regulating the insurance and reinsurance markets in Italy.
- F. None of above. chosen
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
government agency of India
ⓘ
insurance regulator ⓘ statutory body ⓘ |
| appointmentAuthority | Government of India NERFINISHED ⓘ |
| boardComposition |
Chairperson
ⓘ
full-time members ⓘ part-time members ⓘ |
| cameIntoForceYear | 2000 ⓘ |
| country | India ⓘ |
| establishedInYear | 1999 ⓘ |
| formedBy | Government of India NERFINISHED ⓘ |
| governingBody | IRDAI Board NERFINISHED ⓘ |
| headquartersCountry | India NERFINISHED ⓘ |
| headquartersLocation | Hyderabad NERFINISHED ⓘ |
| headquartersState | Telangana NERFINISHED ⓘ |
| issues |
circulars and directions to insurers
ⓘ
guidelines for insurance intermediaries ⓘ regulations for insurance companies ⓘ |
| jurisdiction | Republic of India NERFINISHED ⓘ |
| legalBasis |
IRDA Act, 1999
NERFINISHED
ⓘ
Insurance Regulatory and Development Authority Act, 1999 NERFINISHED ⓘ |
| objective |
to ensure financial soundness of insurers
ⓘ
to promote competition in the insurance sector ⓘ to protect policyholders and ensure fair treatment ⓘ |
| parentAgency | Ministry of Finance, Government of India NERFINISHED ⓘ |
| predecessor | Insurance Regulatory and Development Authority NERFINISHED ⓘ |
| regulates |
corporate agents in India
ⓘ
general insurance companies in India ⓘ health insurance companies in India ⓘ insurance brokers in India ⓘ insurance web aggregators in India ⓘ life insurance companies in India ⓘ reinsurance companies in India ⓘ third-party administrators (TPAs) in health insurance ⓘ |
| reportsTo | Ministry of Finance, Government of India NERFINISHED ⓘ |
| responsibility |
approval of insurance products
ⓘ
enforcement of compliance with insurance laws ⓘ framing regulations for insurance business ⓘ licensing of insurance companies ⓘ licensing of insurance intermediaries ⓘ monitoring solvency of insurers ⓘ promotion of orderly growth of insurance sector ⓘ protection of policyholders’ interests ⓘ regulation of insurance industry in India ⓘ regulation of premium rates in certain classes of business ⓘ regulation of reinsurance industry in India ⓘ |
| sector |
insurance
ⓘ
reinsurance ⓘ |
| shortName | IRDAI NERFINISHED ⓘ |
| website | https://irdai.gov.in ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Insurance Regulatory and Development Authority of India Description of subject: The Insurance Regulatory and Development Authority of India is the statutory body responsible for regulating, promoting, and ensuring the orderly growth of the insurance and reinsurance industry in India.
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
Financial Stability Report
→
regulatorCovered
→
Insurance Regulatory and Development Authority of India
ⓘ
PNB MetLife India Insurance Company Limited
→
regulatedBy
→
Insurance Regulatory and Development Authority of India
ⓘ