02 Apr 2026 | 3 Mins Read

Indian Insurers LIC, New India, GIC Re Remain Systemically Important

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Irdai identifies LIC, GIC Re, and New India Assurance as Domestic Systemically Important Insurers (D-SIIs) for FY25-26. As D-SIIs, they are subject to enhanced regulatory supervision, additional regulatory measures, and increased corporate governance to mitigate systemic risks and ensure uninterrupted insurance services to the national economy.