Tag: Insurance Regulatory and Development Authority of India
Reinsurers to keep half of their business domestic
The Insurance Regulatory and Development Authority of India (IRDAI) has said that Indian reinsurers, including overseas reinsurance branches, must maintain at least 50% of their underwritten Indian reinsurance business within the country in an updated exposure draft on laws
Health plans must cover mental Illness
Insurance firms must ensure that all health insurance plans cover mental illness, said an Insurance Regulatory and Development Authority of India (IRDAI) circular