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IRDAI wants 2.52% penetration and Rs 11.73 trillion premium for non-life industry by FY2027-28, sets tough annual premium targets for players

IRDAI wants 2.52% penetration and Rs 11.73 trillion premium for non-life industry by FY2027-28, sets tough annual premium targets for players

by AIP Online Bureau | Jul 2, 2022 | Health, Indian News, Non-Life, Regulation

Debasish Panda, chairman, IRDAI IRDAI chairman Debasish Panda said the IRDAI will also suggest to the government to provide tax benefits under 80C for long term motor and housing policies. Panda revealed that the IRDAI is considering to give freedom to the boards of...
Surety Bond: To Be On a Sure Footing

Surety Bond: To Be On a Sure Footing

by AIP Online Bureau | Feb 9, 2022 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

Rrajesh Sharrma, CEO and Principal Officer, Anand Rathi Insurance Brokers Considering the size of the Indian economy, the market demand for surety insurance will be so huge, it can be another game-changer like agricultural insurance after the introduction of Pradhan...

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