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IRDA

The acronym for the Insurance Regulatory and Development Authority of India, it is the apex body overseeing the insurance business in India. It protects the interests of the policyholders, regulates, promotes and ensures orderly growth of the insurance in India.

News On IRDA
SAT: Common Appellate Authority For SEBI, PFRDA & IRDA

20-01-2015| Source:Moneycontrol.com

not be passed in the winter session of Parliament. The Ordinance also provides for appeals against decisions by IRDA to lie with the Securities Appellate Tribunal (SAT), set up under the SEBI Act, 1992

RBI finalises guidelines for banks to enter insurance biz

15-01-2015| Source:PTI

They can also act as corporate agents without seeking prior approval from the RBI. However, they will have to comply with IRDA guidelines. Under existing bancassurance guidelines, a bank can act as a

Disability and Insurance in India: 6 key questions

13-01-2015| Source:Moneycontrol.com

products. Let’s hope the government and IRDA can come up with schemes that can resolve this current gap in the market.The author heads health, accident & life insurance at www.coverfox.com

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