Dinesh Khara Committee
In February 2025, the Insurance Regulatory and Development Authority of India (IRDAI) formed a high-powered committee, led by former SBI chairman Dinesh Khara, to look into the proposed amendments to the Insurance Act, 1938 and suggest a framework for implementation of the same.
| Key Mandates of the Committee |
| 1. Review and update the Insurance Act, 1938 to align with modern needs. |
| 2. Assess the feasibility of 100% FDI in the insurance sector. |
| 3. Facilitate the introduction of composite insurance companies (offering life, non-life, and health insurance under one .... |
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