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IRDAI notifies Regulatory Sandbox Regulations, 2025 repealing the 2019 regulations
No relaxations will be granted in respect of compliance with Insurance Act, 1938 and IRDAI Act, 1999.
No relaxations will be granted in respect of compliance with Insurance Act, 1938 and IRDAI Act, 1999.
The regulations apply to insurers including those engaged in reinsurance business.
These regulations protect the interest of policyholders by enabling insurers to adopt good governance while designing and pricing the products.