News From Press IRDAI keeps hawk eye on ensuring insurance for all by 2047 through easing compliance load

IRDAI keeps hawk eye on ensuring insurance for all by 2047 through easing compliance load

Source: Moneycontrol 3 hours ago

Insurance Regulatory and Development Authority (IRDAI) Chairman Debasish Panda on December 11 said the sector regulator has its eyes on ensuring coverage for all by 2047 and will undertake reforms to cut the compliance burden.

“We envision insurance for all by 2047 by reducing compliance burden,” Panda said at the Global Economic Policy Forum 2024, organised by CII.

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