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Alert: Beware of financial scams! Always deal with IFSCA regulated entities. Check IFSCA Directory available on the website. Stay informed, stay protected!

 

 

Acts

Sr. No. Date Title View
1 20-Dec-2019 The International Financial Services Centres Authority Act, 2019  
2 19-Apr-2000 The Insurance Regulatory and Development Authority Act, 1999  
3 20-Sep-1972 The General Insurance Business (Nationalisation) Act, 1972  
4 26-Feb-1938 The Insurance Act, 1938  

Regulations

Sr. No. Date Title View
1 20-Oct-2021 IFSCA (Insurance Intermediary) Regulations, 2021  
2 01-Feb-2022 IFSCA (Insurance Web Aggregator) Regulations, 2022  
3 13-Jan-2023 IFSCA (Maintenance of Insurance Records and Submission of Requisite Information for Investigation and Inspection) Regulations, 2022  
4 01-May-2023 IFSCA (Management Control, Administrative Control and Market Conduct of Insurance Business) Regulations, 2023  

Circulars

Sr. No. Date Title View
1 08-Apr-2025 Fee structure for the entities undertaking or intending to undertake permissible activities in IFSC or seeking guidance under the Informal Guidance Scheme  

Guidelines

Sr. No. Date Title View
1 01-Nov-2021 International Financial Services Centres Authority (Operations of International Financial Services Centres Insurance Intermediary Offices) Guidelines, 2021  

Frequently Asked Questions

Sr. No. Date Title View
1 10-Jan-2024 FAQs on IFSC Insurance Intermediary Offices (IIIOs)  

Statistics

Sr. No. Title View
1 Statistics for Re/insurance activities in GIFT IFSC as on March 31, 2024  
2 Statistics for Re/insurance activities in GIFT IFSC as on June 30, 2024  
3 Statistics for Re/insurance activities in GIFT IFSC as on September 30, 2024  
4 Statistics for Re/insurance activities in GIFT IFSC as on December 31, 2024  
5 Statistics for Re/insurance activities in GIFT IFSC as on March 31, 2025  

Team

Sr. No. Title Telephone Email
Department of Insurance and Pension
1 Sh. Mahipal Reddy, Executive Director, HoD 079-61809800 k[dot]mahipalreddy[at]ifsca [dot]gov[dot]in
Division of Insurance Regulations insurance-dept[at]ifsca[dot]gov[dot]in
2 Sh. Bhaskar Khadakbhavi, GM 079-61809865 bhaskar[dot]khadakbhavi [at]ifsca[dot]gov[dot]in
3 Sh. Rishi Kale, Manager 079-61809833 rishi[dot]kale[at]ifsca[dot]gov [dot]in
4 Sh. Nitin Gupta, Manager 079-61809839 g[dot]nitin[at]ifsca[dot]gov [dot]in
Division of Insurance Supervision ins-supervision[at]ifsca[dot] gov[dot]in
5 Sh. Chandra Bhushan, AGM 079-61809848 chandra-bhushan[at ifsca[dot]gov[dot]in
6 Sh. Arpit Panchal, AM - arpit[dot]panchal[at] ifsca[dot]gov[dot]in

Registered Entities

Sr. No. Title View
1 The directory of registered IIIOs can be accessed at  

Outreach Material

Sr. No. Title View
1 Insurance Flyer  
2 Presentation Deck on IFSC Insurance Ecosystem  
3 QR Code (for accessing the dedicated insurance webpage)  

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