Background Background
   
Background Background
IRDAI Logo
Border
IRDAI Banner
National Portal
Search  
Border
 
  
 Home >> उदभासन प्रारूप
Visitors count:3470
 उदभासन प्रारूप
Zoom OutDefaultZoom In
Print Print Document  Pdf Download PDF    
Exposure Draft
Ref. No: IRDAI/INT/ED/REG/166/8/2022 Date: 03-08-2022
Exposure Draft- IRDAI(Insurance Intermediaries) (Amendment) Reg, 2022

Ref:IRDAI/INT/ED/REG/166/8/2022                                                      Date: 03-08-2022

EXPOSURE DRAFT – INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (INSURANCE INTERMEDIARIES) (AMENDMENT) REGULATIONS, 2022

 

Exposure Draft

Ref. No: IRDAI/INT/ED/REG/166/8/2022                                           Date: 03-08-2022                                   

 

EXPOSURE DRAFT - INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA (INSURANCE INTERMEDIARIES) (AMENDMENT) REGULATIONS, 2022

 

1.    In order to facilitate open architecture which will enable the prospects and policyholders to have wider access in purchasing insurance and also to enhance the reach of insurance to every nook and corner of the country, the IRDAI (Registration of Corporate Agents) Regulations, 2015 and IRDAI (Registration of Insurance Marketing Firm) Regulations, 2015 have been reviewed.  The key changes proposed to be brought about to these two regulations (through the IRDAI (Insurance Intermediaries) (Amendment) Regulations, 2022 are: -

 

·         Increase in the maximum limit of tie-ups with insurers for Corporate Agents from the existing three for each category of insurance to nine for each category of insurance;

·         Increase in the maximum limit of tie-ups with insurers for Insurance Marketing Firms from the existing two for each category of insurance to six for each category of insurance;

·         Removal of the restriction on Corporate Agent (General) to place commercial lines of products having a total sum insured not exceeding rupees five crores per risk for all insurances combined.

 

2.    The exposure draft of IRDAI (Insurance Intermediaries) (Amendment) Regulations, 2022, is attached herewith.

 

3.    All the stakeholders are requested to submit their comments / suggestions, if any, on the proposed amendment in the regulations in the given format on or before 5:00 PM on 24th August, 2022 to ramasudheer@irdai.gov.in with a copy to nirmalraj.ks@irdai.gov.in

 

FORMAT FOR SUGGESTIONS ON

DRAFT IRDAI (Insurance Intermediaries) (Amendment) Regulations, 2022

 

Change suggested by:                                                                          Date:

Page No.

Chapter

Regulation & Para No.

Suggestions

Reasons

 

 

 

 

 

 

Chief General Manager (Intermediaries)

 

Border TransBG Border
 
Visitors count : 11766176 © 2013 Insurance Regulatory and Development Authority of India. All Right Reserved.
The Site is Optimized and best viewed in Internet Explorer 9 and above (1024x768) setting.
| Disclaimer
 
Border TransBG Border