Kathmandu. The regulator has set up a standing committee to monitor the rising complaints of insurers and intermediaries cheating in India. <\/p>\n
The Insurance Regulatory and Development Authority of India (IMA) has formed a full-time committee of members to continuously monitor and investigate cases of violation of regulatory norms by insurers and intermediaries. <\/p>\n
According to the Asian Insurance Post, the decision in this regard was taken in the 132nd meeting of the AUTHORITY. <\/p>\n
In the recent past, unauthorized access to sensitive data and details related to the insured in the Indian insurance sector and mis-selling of insurance policies have come to light in a series of ways. <\/p>\n
In the context of delegation of powers by the authority, the regulator has also decided to constitute a panel of full-time members to consider specific share transfer applications and other matters. <\/p>\n
During the meeting, the meeting also approved a proposal to issue technical guidance for the second quantitative impact study for implementation of ‘Rural, Social Sector and Motor Third Party Obligations’ and risk-based capital under nea rules for the financial years 2025-26 and 2026-27.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. The regulator has set up a standing committee to monitor the rising complaints of insurers and intermediaries cheating in India. The Insurance Regulatory and Development Authority of India (IMA) has formed a full-time committee of members to continuously monitor and investigate cases of violation of regulatory norms by insurers and intermediaries. According to the […]<\/p>\n","protected":false},"author":5,"featured_media":202261,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45044,45159],"tags":[],"class_list":["post-261958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/261958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=261958"}],"version-history":[{"count":0,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/261958\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/202261"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=261958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=261958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=261958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}