On comprehensively examining the existing business model adopted under Micro Insurance vis-a-vis the extant regulations on Micro Insurance, the Authority proposes to review the IRDA (Micro Insurance) Regulations, 2005. Accordingly, an exposure draft on Micro Insurance (Modification) Regulations is issued for further and wider deliberations on the subject.

All stakeholders are requested to review the attached exposure draft (.doc file attached) and forward their views / comments to the following address before 25^th August, 2012.

Comments may also be forwarded by e-mail to dvsramesh at irda dot gov dot in before 25^th August, 2012.

 

(S Roy Chowdhury)