The Insurance Regulatory and Development Authority of India (IRDAI) on July 30, 2026, issued the Insurance Regulatory and Development Authority of India (Insurance Surveyors and Loss Assessors) (Amendment) Regulations, 2026.
The following amendments have been stated:
In Regulation 3
• In Sub-regulation (9), after the words “grant of registration”, the words “and has paid the annual fee specified in Regulation 5(b)” shall be inserted.
• Sub-regulation (10) shall be substituted, namely:- “
The registration granted shall remain in-force subject to the payment of specified annual fee until surrendered by the individual surveyor or suspended or cancelled by the Authority.”
• In Regulation 4 (1) In Sub-regulation (13), after the words “grant of registration”, the words “and has paid the annual fee specified in Regulation 5(b)” shall be inserted.
• Sub-regulation (14) shall be substituted, namely:-
“The registration granted shall remain in-force subject to the payment of specified annual fee until surrendered by the corporate surveyor or suspended or cancelled by the Authority.”
• In Regulation 8
o The heading shall be substituted with “Procedure where conversion of license into registration in terms of Regulation 6, is refused”
o In Sub-regulation (1), the words “application for renewal of license” shall be substituted with “conversion of license into registration”.
o In Sub-regulation (2), the words “of license” shall be omitted.
o In Sub-regulation (4), the words “license renewal” shall be substituted with “license conversion”.
• In Regulation 15,
o Clause (b) of Sub-regulation (1) shall be omitted.
o In Sub-regulation (3), after the words “consider such an application and”, the words “call for comments of the Institute. After reviewing the application and the comments received from the Institute, the Authority shall” shall be inserted.
[Notification No. IRDAI/Reg/7/221/2026]
