IR

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IR

The two-character ISO 3166 country code for IRAN, ISLAMIC REPUBLIC OF.

IR

1. ISO 3166-1 alpha-2 code for the Islamic Republic of Iran. This is the code used in international transactions to and from Iranian bank accounts.

2. ISO 3166-2 geocode for Iran. This is used as an international standard for shipping to Iran. Each province has its own code with the prefix "IR." For example, the code for the Province of Fars is ISO 3166-2:IR-14.
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According to media reports, IRDA has urged for revision in the tax reforms proposed in the budget, in order to make insurance accessible for middle-aged and senior citizens.
It had also proposed a joint commission comprising the Finance Minister as Chairperson and RBI Governor as Vice Chairman, Secretary in the Department of Economic Affairs, Secretary (Financial Services) and the heads of stock market, insurance, banking and pension fund regulators - SEBI, IRDA, RBI and PFRDA - as members.
The IRDA award follows six months of rigorous technical and commercial benchmarking.
IRDA has issued IRDA Regulations 2002 (Obligations of Insurers to Rural and Social Sectors), in which every life insurer will have to meet the standards towards its compulsions (percentage of policies on the total number of policies written direct in that year) covering both rural and social sector.
IRDA Chairman J Hari Narayan's order stated that, .
According to the IRDA circular, all regular premium/ limited premium Ulips shall have uniform paying premiums.
On Tuesday IRDA had cancelled the licenses of 4,261 corporate agents after they failed to renew their licenses in time.
No surrender charge can be levied by an insurer for policies surrendered from the fifth policy year and thereafter the policyholder will be entitled to receive the full fund value on such surrender," IRDA said in a circular sent to CEOs of all life insurance companies.
Indian insurance regulator, IRDA, is evaluating the bancassurance model of insurance sales after it received complaints about banks miss-selling insurance policies.