Insurance Regulatory and Development Authority of India, IRDAI will publish the final reinsurance regulations by end of February. <br/><br/>Speaking to reporters in Mumbai, IRDAI Chairman TS Vijayan said the regulations will define the reinsurance business in India and the order of preference. Mr Vijayan said four or five foreign companies have applied for licenses and have evinced keen interest on the non-life and health front.<br/><br/>He further said that distribution of policies in the times of fast-changing technology will play a key role for growth and any organisation that has access to customer data will have an edge.