IRDA raises red flag on rising risks, multiple schemes

Mar 23

IRDA raises red flag on rising risks, multiple schemes

 

India’s insurance regulator is uncomfortable with the way the country’s life insurance industry is being run. In a recent letter to life insurers, the Insurance Regulatory and Development Authority (Irda) raised several concerns about the products being sold by insurers without taking into account customers’ interests and the rising exposure to risks.

http://www.livemint.com/2012/03/22001742/Irda-raises-red-flag-on-rising.html?h=A1

 

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