Underwriting Current Affairs, GK & News

Underwriting

An agreement with or without conditions to subscribe to the securities of a body corporate when the existing shareholders of such body corporate or the public do not subscribe to the securities offered to them.

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Suresh Mathur head of IRDA committee to review microinsurance framework

The Insurance Regulatory and Development Authority of India (IRDAI) has recently constituted a 13-member Committee to review the regulatory framework on microinsurance and recommend measures to increase the demand for such products. . The committee, under the chairmanship of IRDAI Executive Director Suresh Mathur, has been tasked with suggesting product designs with customer-friendly underwriting, including ..

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