INSURANCE REGULATORY & DEVELOPMENT AUTHORITY OF INDIA
14 December 2017
The Insurance Regulatory and Development Authority had notified the IRDAI (Non-Linked Insurance Products) Regulations, 2013 and IRDAI (Linked Insurance Products) Regulations in Feb, 2013. It was observed that there is a need to review the regulations due to changing market and economic environment. In view of this, the Authority had constituted a committee in Jan, 2017 to make recommendations on the amendments to be carried out on the regulations. Accordingly, the committee has submitted its detailed report dated 7 December 2017 with a review of the regulatory provisions and its recommendations.
All stakeholders are requested to offer their comments/ suggestions on the recommendations of the committee for consideration of the same by the Authority. The comments/ suggestions in MS-WORD format should reach us latest by 28 December, 2017 in the format attached by e-mail at pankajk.tewari [at] irda [dot] gov [dot] in along with a copy to sudipta.b [at] irda [dot] gov [dot] inand undersigned at shyama [at] irda [dot] gov [dot] in.
S. P. Chakraborty
General Manager (Actuarial)
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FORMAT FOR SUGGESTIONS ON
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Product Regulations Review Committee Report, 2017
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Change suggested by
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Date
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Note
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It is suggested that ONE Page may be used for one change. This will enable us to group all the suggestions and take a decision on the changes suggested
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Page No
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Chapter No
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Section No
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Comments/Suggestions
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Reasons
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