Ajay Seth appointed as IRDAI chairman

Ajay Seth, a 1987-batch IAS officer, has been appointed as the chairman of IRDAI for a three-year term, succeeding Debasish Panda. With over three decades of experience, Seth’s primary focus will be on expanding insurance access and affordability in India. He assumes the role as the insurance sector faces challenges in raising penetration, currently at 3.7% of GDP.

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