IRDAI proposes new regulations to protect policyholder interests

In a significant move to streamline insurance regulations and enhance policyholder protection, the Insurance Regulatory and Development Authority of India (IRDAI) has announced the draft of the “IRDAI (Protection of Policyholders’ Interests and Allied Matters of Insurers) Regulations, 2024.” This initiative is part of IRDAI’s ongoing efforts to revise regulations to facilitate easier business operations … Continue reading IRDAI proposes new regulations to protect policyholder interests