IRDAI Issues Exposure Draft On EoM For Insurers Based On RRC Suggestions
MUMBAI: The Insurance Regulatory and Development Authority of India (Irdai) has released an exposure draft on the Expenses of Management (EoM) including a commission for both life and non-life insurance companies, based on the recommendation from the Regulation Review Committee (RRC). The RRC recommended merging the commission and EOM regulations to create a single regulation […]
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