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  • News From Press IRDAI offers more flexibility to general insurance companies

    IRDAI offers more flexibility to general insurance companies

    Source: ET Oct 14, 2022

    The Insurance Regulatory & Development Authority of India has offered more flexibility to general insurance companies in designing and pricing of products under miscellaneous lines of business and allowed them to launch these in the market without prior regulatory approval.


    This decision was taken "to facilitate the industry to respond faster to the emerging market needs in terms of designing and pricing of general products and to promote efficiency in the conduct of general insuran .. 
     

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