Regulatory Framework

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The functioning of GIC has to be within the regulations of the following major Acts:

• Memorandum and Articles of Association of the Corporation (2.1MB)
• IRDAI Obligatory Cessions Gazette (312KB)
• The Companies Act, 2013 (2.84MB)
• Insurance Act, 1938 (970KB)
• General Insurance Business (Nationalisation) Act, 1972 (334KB)
• General Insurance Business (Nationalisation) Amendment Act. 2002 (182KB)
• Insurance Regulatory and Development Authority Act, 1999 (142KB)