Suresh Mathur Committee to review MicroInsurance Framework

The Insurance Regulatory and Development Authority of India (IRDAI) set up Suresh Mathur Committee to review regulatory framework on micro insurance, and to recommend measures to increase demand for such products. It was formed because of less than desired offtake of micro insurance products despite of their inherent benefits in the country. India was seen ..

Month: Current Affairs - April, 2019

Category: Economy & Banking Current Affairs

Topics: IRDAI • IRDAI Micro-insurance Regulations • Microinsurance • Non-Government Organisations • Self-Help Groups • Suresh Mathur committee

IRDAI constitutes Suresh Mathur committee to review norms related to Insurance Marketing Firms

The Insurance Regulatory and Development Authority (IRDAI) has set up 10-member committee to review norms related to Insurance Marketing Firms (IMF) with an aim to increase insurance penetration in the country. The committee will be headed by Suresh Mathur (ED-IMF, IRDAI). Terms of Reference The committee has been asked to revisit IRDAI (Registration of Insurance ..

Month: Current Affairs - June, 2018

Topics: Business • Economy • Insurance Marketing Firms • IRDAI • Suresh Mathur committee