Plans three-year sundown clause on rules for coverage dynamism: IRDAI chairman

[ad_1] The Insurance coverage Regulatory and Construction Authority of India (IRDAI) chairman Debasish Panda stated that they’re taking into consideration a provision that will require a legislation to be reviewed each 3 years to stay tempo with converting instances within the insurance coverage trade. “We’re taking into consideration a sundown clause of 3 years on … Read more

Monetary products and services secy meets non-public insurers, discusses key problems

[ad_1] New Delhi: Monetary products and services secretary Vivek Joshi on Tuesday met non-public sector normal insurance coverage corporations and mentioned essential problems that experience implications for the overall insurance coverage sector. The assembly with the Basic Insurance coverage Council and leaders and CEOs of personal sector normal insurance coverage corporations mentioned the worries of … Read more