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      Question

      IRDAI designated which of the following entities as

      Domestic-Systemically Important Insurers (D-SIIs) for FY26?
      A SBI Life Insurance Correct Answer Incorrect Answer
      B HDFC Life Correct Answer Incorrect Answer
      C LIC, GIC Re, and NIACL Correct Answer Incorrect Answer
      D ICICI Lombard Correct Answer Incorrect Answer
      E Bajaj Allianz Correct Answer Incorrect Answer

      Solution

      IRDAI designated LIC, General Insurance Corporation of India (GIC Re), and New India Assurance Company Limited (NIACL) as D-SIIs for FY26. These insurers are considered critical to the financial system.Β 

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