IRDA chairman Debasish Panda will address CEOs of general insurance companies, SAHI companies and reinsurers on Sept 4. On Tuesday, Panda will meet all the CEOs of the industry in the morning session and CEOs of only life insurance companies and reinsurance companies in the afternoon session
Hyderabad/Mumbai
Insurance regulator IRDAI is organising 4th Bima Manthan’.by way of convening a 2-day meeting of CEOs of the Indian insurance industry on Sept4-5 in Hyderabad for a mid-year review of the industry.
IRDA chairman Debasish Panda will address CEOs of general insurance companies, stand alone health insurance(SAHI) companies and reinsurers on Sept 4.
On Tuesday, Panda will meet all the CEOs of the industry in the morning session and CEOs of only life insurance companies in the afternoon session.
Around 65 CEOs from general insurance companies, stand alone health insurance(SAHI) companies, life insurance companies and Foreign Reinsurance Branches(FRBs) and GIC Re have been invited for the meet.
“There is definitely disappointment among the players of the industry as Insurance Amendment Bill dealing with sweeping reforms in the industry didn’t make it to the monsoon session of the parliament. Since, this is our first meeting with the IRDAI after the monsoon session, we would like to hear from the regulator what are its plans on reforms front,’’ said a CEO of a general insurance company.
The general insurers have formed around dozen of panels to prepare the agenda of the meet.