Insurance Regulatory & Development Authority of India (IRDAI) has set up a 13 member committee under IRDAI Executive Director Suresh Mathur to review the regulatory framework on microinsurance & recommend measures to increase the demand for such products.
The committee has been formed in the backdrop of a less-than-desired offtake of microinsurance products despite their inherent benefits.
Source- The Hindu
Static/Current Takeaways Important For LIC AAO Mains 2019:
- IRDAI Chairman- Subhash Chandra Khuntia, Headquarters in- Hyderabad.
Job Alerts