1.Administration of the Insurance Act, 1938; Life Insurance Corporation Act, 1956; General Insurance Business (Nationalisation) Act, 1972; Insurance Regulatory and Development Authority Act, 1999 and related matters, other than those related to corporate governance, appointment and service matters or those relating to recruitment and the terms
and conditions of agents of the Life Insurance Corporation of India
2.Policy matters relating to insurance, and to this end, analysis of the trends and development in and the performance of the insurance sector and various bodies established by or under the said Acts
3.Administrative matters pertaining to public sector insures and Agriculture Insurance Corporation of India Limited (AICIL), other than governance, appointment and service matters
4.Assessment of capital requirements, divided payouts and performance of public sector insurance and AICIL
5.Social security schemes for insurance protection and other insurance schemes sponsored/ supported by the Government
6.Insurance Ombudsmen Rules and administration thereof, other than corporate governance, appointment and service related matters pertaining to Insurance Ombudsmen and the Council of Insurance Ombudsmen
7.Foreign investment in insurance sector
8.Reforms in the sector and public sector insurers, including adoption of technology in insurance (except matters allocated to the Cybersecurity and FinTech Section)
9.Supporting the section in charge of international cooperation matters on insurance related aspects of international cooperation
10.Taxation matters relating to insurance sector
11.Matters relating to the industry, including those raised by industry bodies/associations
12.Implementation of Law Commission Reports
13.All residual matters relating to insurance which are not enumerated specifically as an item of work allocated to either Insurance-I Section or Insurance-II Section
14.Parliamentary, audit, right to information, court, arbitration, VIP reference related matters and dealing with matters referred through receipts or otherwise in respect of any of the items enumerated above or connected thereto.
