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Select panel's insurance bill report tabled in Rajya Sabha

Rajya Sabha may approve report if there are not many dissents. The draft report, among other things has recommended 49 percent composite FDI in insurance, suggested changes in definition of reinsurance, sought to define the term `control' in Insurance Act and proposed power to IRDA in formulating norms subject to acts and rules.

first published: Dec 10, 2014 11:49 am

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