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Role of Self Regulation

Role of Self Regulation

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Published by: prasadpatil71 on Sep 06, 2009
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10/14/2010

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Role of Self-Regulation in theIndian Insurance Industry
Ashok Thampy and S. Sitharamu
Indian Institute of Management Bangalore
 
 
Areas of insurance regulation
Organization and licensing of insurancecompanies to operate in India.Insurance policy regulationMarket practicesSolvency regulationMergers, rehabilitation and liquidation of insurance companies.
 
 
Organisation and licensing
The IRDA has to approve the ownershipstructure and be satisfied about the viabilityof the projections before license to operatean insurance co. is granted.

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