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Mar 06, 2013
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Irda publishes five key reforms in gazette
The Insurance Regulatory and Development Authority (Irda) has published in the gazette of India five key reforms related to the sector, including new guidelines for insurers and reinsurers. The reforms are: Investment regulations for insurers, Irda (life insurance-reinsurance) regulations; places of business regulations; Irda appointed actuary amendment regulations and regulations for the standard proposal form. According to the actuary amendment regulations, non-life insurers will also have appointed actuaries as full time employees.
Source -
http://www.business-standard.com
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