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Ref. No: Date:14-12-2017
Report of the Product Regulations Review Committee for Life Insurance-Comments invited
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)
 
FORMAT FOR SUGGESTIONS ON
Product Regulations Review Committee Report, 2017
Change suggested by
 
Date
 
Note
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
Page No
Chapter No
Section No
Comments/Suggestions
Reasons
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Insurance Regulatory and Development Authority of India. All Right Reserved.