Irda etass

I need to know Guidelines on Participation in Electronic Transaction Administration and Settlement System (ETASS) fixed by Insurance Regulatory and Development Authority?

[pawan]

As you want to know Insurance Regulatory and Development Authority, Guidelines on Participation in Electronic Transaction Administration and Settlement System (ETASS).

Here telling you guidelines

Introduction:
The Insurance Regulatory and Development Authority had noticed that the inter-company balances in reinsurance and coinsurance business are at a very high level and have been on a constant rise.

The inability of the parties to the transactions to agree appears to be the primary reason for the growing inter-company balances

Definitions
In these guidelines, unless the context otherwise requires
(a) Act means the Insurance Regulatory and Development Authority Act 1999 (41 of 1999)

(b) Authority means the Insurance Regulatory and Development Authority of India established under sub-section (1) of Section 3 of the Act;

(c) Council means General Insurance Council established under section 64 of the Act


Guidelines on Participation in Electronic Transaction Administration and Settlement System (ETASS)








Address:-
Insurance Regulatory and Development Authority
3rd Floor, Parisrama Bhavan, Basheer Bagh HYDERABAD 500 004
Telangana State (INDIA)

Phone:-
(040) 23381100