MUMBAI: The Insurance Regulatory and Development Authority of India (Irdai) has granted a certificate of registration to ProTec General Insurance-making it the fourth insurance licence issued this year-and approved a sweeping set of reforms covering investment norms, capital infusion, intermediary registrations, policyholder protection, and regulatory enforcement.The approvals were cleared at the regulator's meeting held in Hyderabad on July 28.ProTec General Insurance will be allowed to undertake general insurance business under the applicable regulatory framework. The four registrations granted so far in calendar 2026 include two general insurers, one health insurer and one reinsurer, Irdai said.Also Read: IRDAI approves Patanjali, DS Group's acquisition of Magma General InsuranceThe regulator approved amendments to the actuarial, finance and investment regulations and the rules governing registration, capital structure, share transfers and amalgamations.Also Read: Patchy rains may hit rural lending, banks stay cautiousIrdai approved the Irdai (Policyholders' Education and Protection Fund) Regulations, 2026, operationalising the Policyholders' Education and Protection Fund created under the amended law.