IRDA brings insurance closer to public in 2011

Insurance policyholders will remember the year 2011 for the series of small steps taken by the Insurance Regulatory and Development Authority (IRDA) to protect their interests. The measures may not have had the course-altering stature of the September 2010 Ulip charge cap, but they did nevertheless have significant impact from the policyholders’ perspective. This apart, trends in the insurance space also left their imprints


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