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Finance Ministry notifies 24 Insurance Companies to undertake Aadhaar Authentication Service of UIDAI [Read Notification]

Insurance - UIDAI - Aadhaar authentication - Finance Ministry - Taxscan

The Insurance Regulatory and Development Authority of India ( IRDAI ) on Wednesday notified reporting entities to undertake the Aadhaar authentication service of the Unique Identification Authority of India (UIDAI) under section 11A of the Prevention of Money-laundering Act, 2002.

After consultation with the Unique Identification Authority of India established under subsection (1) of section 11 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 and the regulatory authority, namely the Insurance Regulatory and Development Authority of India, notified the various reporting entities namely Aditya Birla Health Insurance Co. Limited; Aviva Life Insurance Co. India Limited; Bajaj Allianz General Insurance Company Limited; Bharti AXA General Insurance Company Limited; Cholamandalam MS General Insurance Co Ltd; TATA AIA Life Insurance Co Ltd; TATA AIG General Insurance Company Limited; United India Insurance Co. Limited; Universal Sompo General Insurance Co. Ltd; LIC of India; Magma HDI General Insurance Company Limited; Max Bupa Health Insurance Company Limited; National Insurance Company Limited; Navi General Insurance Limited (Formerly known as DHFL General Insurance Limited); Raheja QBE General Insurance Company Limited; Reliance General Insurance Company Limited (RGICL); Shriram General Insurance Company Limited; Star Health and Allied Insurance Co Ltd.; Edelweiss General Insurance Company Limited; Go Digit General Insurance Limited; ICICI LOMBARD General Insurance Company Limited; IFFCO TOKIO General Insurance Company Limited; Liberty General Insurance Limited and The Oriental Insurance Company Ltd.

For Full text of the Notification Click here.

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