From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)IRDAI mandates four-layer motor insurance structure from December 15
What's behind this
The Insurance Regulatory and Development Authority of India (IRDAI) has mandated a four‑layer motor insurance structure to take effect from December 15. The move is intended to bring clarity on the range of policy options available to vehicle owners, helping them make more informed decisions.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
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right · 2 outlets
Irdai has implemented stricter rules regarding employee stock option plans for insurance companies to regulate ownership stakes. Senior executives and directors must seek approval to exceed prescribed shareholding limits under these plans. Insurers are required to monitor direct and indirect share…
RSS excerpt
This will bring clarity on availability of various policy options to vehicle-owners to make an informed decision
