Insurance regulator IRDAI plans to constitute a fund management committee to oversee the governance, administration, utilisation and performance monitoring of its ₹800 crore Policyholders’ Education and Protection Fund (PEPF).

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…

India Business News: Mumbai: With unclaimed funds held by insurers - including maturity proceeds, death claims and surrender values - exceeding Rs 9,305 crore as of April .