IRDAI held its 133rd meeting on December 23, 2025. The board reviewed industry performance with total premium collections reaching Rs 8.02 lakh crore up to November 2025. The meeting marked several significant regulatory milestones.
Key Outcomes: Risk-Based Capital (RBC) framework was approved for drafting. Ind AS implementation timeline and modalities were discussed. The board flagged concerns over rising underwriting losses and claims inflation across segments. IRDAI also reviewed the progress of various InsurTech and digital distribution initiatives.
Sources: TaxGuru (December 2025), IRDAI Official Release