India’s insurance regulator, the Insurance Regulatory and Development Authority of India (IRDAI), is reportedly evaluating a proposal to restrict Kiwi Insurance’s expansion into the health insurance segment. The move stems from regulatory concerns surrounding the company's underwriting practices, solvency margins, and product complexity. While Kiwi Insurance has been aggressively positioning itself within the retail health insurance space, IRDAI is seeking to ensure policyholder protection, financial discipline, and market stability.