Thursday, November 29, 2007

Ch. IRDA - Part 5 - Proposals for Future

November 30 2007 Mint Page 5

IRDA said it has plans to come out with separate guidelines for health insurers. A separate health unit has been set up in the authority.

IRDA also made a recommendation to the government to bring down capital requirements for a stand alone health insurance companies to Rs.50 crore from Rs. 100 crore which is the limit for general insurance companies.

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