Insurance Regulatory and Development Authority of India (IRDAI) had notified the IRDAI (Non-Linked Insurance Products) Regulations, 2013 and IRDAI (Linked Insurance Products) Regulations in Feb, 2013. It was observed that there is a need to review the regulations due to changing market and economic environment. In view of this, the Authority had constituted a committee in Jan, 2017 to make recommendations on the amendments to be carried out on the regulations. Accordingly, the committee has submitted its detailed report dated 7 December 2017 with a review of the regulatory provisions and its recommendations.
All stakeholders are requested to offer their comments/ suggestions on the recommendations of the committee for consideration of the same by the Authority. The comments/ suggestions in MS-WORD format should reach us latest by December 28, 2017 in the format attached with the said notification by e-mail at email@example.com along with a copy to firstname.lastname@example.org and undersigned at email@example.com.