| 22nd June 2016 09:50 AM | |
| sumit | Re: IRDA What Does It Mean Yes , IRDA is the acronym for the Insurance Regulatory and Development Authority of India. IRDA is a apex body , it manage the insurance business in India. IRDA protects the interests of the policyholders, regulates, promotes and ensures orderly growth of the insurance in India. Functions and Duties of IRDA Registering and regulating insurance companies. Promoting professional organizations in insurance Regulating and overseeing premium rates and terms of non-life insurance covers Protecting policyholders’ interests Ensuring the maintenance of solvency margin by insurance companies Licensing and establishing norms for insurance intermediaries Specifying financial reporting norms of insurance companies Ensuring insurance coverage in rural areas and of vulnerable sections of society Regulating investment of policyholders’ funds by insurance companies Contact Detail : Insurance Regulatory and Development Authority (IRDA) 3rd Floor, Parisrama Bhavan, Basheer Bagh, Hyderabad - 500004, Telangana, INDIA. +91 40 2338 1100 +91 40 6682 333 |
| 21st June 2016 05:46 PM | |
| Unregistered | IRDA What Does It Mean Is the IRDA acronym for the Insurance Regulatory and Development Authority of India ? if yes tell about the duties of IRDA ? |
