Insurance Regulatory and Development Authority

19.10.2015

Insurance

Insurance Guidelines on "Indian owned and controlled"

MANU/IRDA/0039/2015

Insurance Regulatory Development Authority of India has introduced guidelines pursuant to the Insurance Laws (Amendment) Act, 2015. The Guidelines mention changes to the definition of “Indian ownership” and “Indian owned and controlled”. Aside from primary insurance providers, the guidelines are also applicable to Insurance Intermediaries.

Tags : Insurance guidelines owned controlled

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