Current Affairs - Awards and Honours - Discussion

Swaminathan S. Iyer has been appointed as a full-time member (life) of the Insurance Regulatory and Development Authority of India (IRDAI), a key regulatory body for the insurance sector in India. His extensive background in legal, regulatory affairs, and insurance, including roles at Tata AIA Life Insurance and HDFC Standard Life Insurance, positions him to effectively oversee the life insurance segment. His appointment, valid for five years or until age 62, reflects the government's focus on strengthening regulatory oversight and promoting growth in the insurance industry.