Aadhaar

Govt notifies 24 Insurance Companies to undertake Aadhaar authentication service

Govt notifies 24 Insurance Companies to undertake Aadhaar authentication service under PMLA 2002

MINISTRY OF FINANCE
(Department of Revenue)

NOTIFICATION

New Delhi, the 19th August, 2020

G.S.R. 512(E).—In exercise of the powers conferred by sub-section (1) of section 11A of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government on being satisfied that the reporting entities mentioned in the Table below comply with standards of privacy and security under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act 2016 (18 of 2016) and it is necessary and expedient to do so, and after consultation with the Unique Identification Authority of India established under sub-section (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, hereby notifies the reporting entities specified in the Table below to undertake Aadhaar authentication service of the Unique Identification Authority of India under section 11A of the Prevention of Money-laundering Act, 2002, namely:–

TABLE

S.No.	Name
(1)	(2)
1	Aditya Birla Health Insurance Co. Limited
2	Aviva Life Insurance Co. India Limited
3	Bajaj Allianz General Insurance Company Limited
4	Bharti AXA General Insurance Company Limited
5	Cholamandalam MS General Insurance Co Ltd
6	TATA AlA Life Insurance Co Ltd
7	TATA AIG General Insurance Company Limited
8	United India Insurance Co. Limited
9	Universal Sompo General Insurance Co. Ltd
10.	LIC of lndia
11	Magma HDI General Insurance Company Limited
12	Max Bupa Health Insurance Company Limited
13	National Insurance Company Limited
14	Navi General Insurance Limited (Formerly known as DHFL General Insurance Limited)
15	Raheja QBE General Insurance Company Limited
16	Reliance General Insurance Company Limited (RGICL)
17	Shriram General Insurance Company Limited
18	Star Health and Allied Insurance Co Ltd .
19	Edelweiss General Insurance Company Limited
20	Go Digit General Insurance Limited
21	ICICI LOMBARD General Insurance Company Limited
22	IFFCO TOKIO General Insurance Company Limited
23	Liberty General Insurance Limited
24	The Oriental Insurance Company Ltd.

[F.No. P-12011/4/2019-ES Cell-DOR]

RITVIK PANDEY, Jt. Secy.(Revenue)

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