Exposure Draft on Insurance Clearing House
The Authority had observed that the inter-company balances in reinsurance and coinsurance business are at a very high level and have been on a constant rise. In order to ensure timely and effective reconciliation of these balances and also to achieve transparency and for timely and efficient accounting and settlement of these balances, the Authority… Read More
Tags: Business, Clearing Houses, Financial services, Insurance, Insurance Regulatory, IRDA, Reinsurance
IRDA clarification on Process of providing Clearance to Insurance Products
The clearance to Insurance Products takes a lot of time in the country. Policyholders™ protection is the prime concern of the Insurance Regulatory and Development Authority (IRDA) and it does exercise a thorough diligence while approving products accordingly. IRDA has informed that the scrutiny process involves detailed examination of whether: ¢ Product is suitable to… Read More
Tags: healthinsurance, India, Insurance, Insurance Regulatory, Insurance Regulatory and Development Authority, IRDA, Product design, Unitised insurance fund
Health Insurance Scheme: Over 3.41 Crore Cards Issued
As informed by the Insurance Regulatory and Development Authority (IRDA), a study conducted by the National Council of Applied Economic Research, on behalf of IRDA, and based on the survey of 30,200 respondents spread over 29 States and Union Territories, indicate that with regard to health insurance, the level of awareness is quite low since… Read More
Tags: Financial services, healthinsurance, Insurance, Insurance Regulatory, Insurance Regulatory and Development Authority, IRDA, Regulation
Subscribe to the Daily Journal
India’s Leading Compliance Software
Corporate Law Referencer
