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Question

What company has recently received regulatory approval from IRDAI to enter the life insurance business in India?
  • Go Digit Life Insurance Limited
  • Securities and Exchange Board of India
  • Fairfax Group
  • Go Digit General Insurance
Answer- A
The Insurance Regulatory and Development Authority of India (IRDAI), in its 122nd meeting held on June 2, 2023, has granted a Certificate of Registration to a new life insurer, namely, Go Digit Life Insurance Limited, to carry life insurance business in India," the regulator said.