IRDAI proposes a Fund Management Committee to oversee the ₹800 crore Policyholders’ Education and Protection Fund for enhanced policyholder support.

IRDAI proposes a ten-fold penalty increase to combat mis-selling and enhance transparency in the insurance sector.

IRDAI proposes a Fund Management Committee to oversee the ₹800 crore Policyholders’ Education and Protection Fund for enhanced policyholder support.

Insurance regulator IRDAI plans to constitute a fund management committee to oversee the governance, administration, utilisation and performance monitoring of its ₹800 crore…