Current Affairs Government Schemes

IRDAI Forms Panel to Review Microinsurance Framework

Category : Government Schemes

 Insurance Regulatory & Development Authority of India (IRDAI) has set up a 13 member committee under IRDAI Executive Director Suresh Mathur to review the regulatory framework on microinsurance & recommend measures to increase the demand for such products. The committee has been formed in the backdrop of a less-than-desired offtake of microinsurance products despite their inherent benefits.
Source- The Hindu


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