Skip to content
Free updates Login
SSCBankingNABARD / RBI

IRDAI Monthly Data Call for Index of Service Production

11 August 20261 min read
BANKING & FINANCEIRDAI MonthlyData Call for Indexof ServiceProduction11 August 2026safalsetu.com

Why in the news

The insurance regulator asked life and general insurers to file figures every month so that the insurance segment can be reflected properly in the Index of Service Production.

Key facts

  • Regulator: IRDAI.
  • Applies to insurers; reinsurers are excluded.
  • Monthly inputs: premium income, investment income and claims paid.
  • Purpose: compiling the Index of Service Production (ISP).

Significance

  • Regular figures will sharpen the measurement of how active the insurance sector is.

Exam angle

  • Abbreviation: ISP means Index of Service Production.
  • Who is exempt: reinsurers.
  • Three data heads: premium, investment income, claims.

Test yourself

1. For which index did IRDAI seek monthly data from insurers?

The data supports preparation of the Index of Service Production.

2. Which entities were excluded from IRDAI's monthly data direction for the ISP?

The direction covered insurers excluding reinsurers.

3. Which of these is one of the monthly data heads IRDAI asked insurers to submit for the ISP?

Premium income, investment income and claims paid were sought.

This topic is part of Daily Current Affairs 7 & 8 August 2026 (24 topics).

All topics of the dayDay quizAugust 2026

Read more