Use our Portfolio Manager
 to generate:

    - Insurance Chart
    - Cash Flow Chart
    - Premium Calendar

  Insurance Counsellor
  Calculators
   Log in

   Need for Insurance
  Insurance & Tax
  Retirement Planning
  Insurance as Investment

Home / IRDA Update 

IRDA appoints advisory panel

A 23-member insurance advisory committee, which includes the chairmen of LIC and GIC, was constituted for framing rules and regulations in the face of opening up of the sector to private companies.

The committee set up by the statutory Insurance Regulatory and Development Authority (IRDA) will be operative from the 1st of June.

The Chairman of IRDA, N Rangachary, would be the ex officio chairman of the advisory committee. Apart from chairmen of LIC and GIC, the other members of the committee include Mumbai actuary S P Subedar and Lucknow actuary Liaquat Khan.

The IRDA, which was notified last month, empowers the authority to constitute upto 25 member advisory committee to represent the interests of commerce, industry, transport, agriculture, consumer foray, surveyors, agents, intermediaries, organisations engaged in safety and loss prevention, research bodies and employees association in the insurance sector. 

The objects of the committee is to advise the committee on the matters relating to the making of regulations.

The other members are V S Vyas, Pushpa Girimaji, A C Mukherjee, T S Viswanath, D N Burgohain, C N S Sastri, S V Mony, Dipak Dutta, Ela Bhat, T Ramanan, Foli Poncha, Soumil Mehta, A V Tyagi, John M Koshy and D Varadarajan. Director, NIA (Pune), Director, IIM (Bangalore), Director of Central Institute of Road Transport (Pune), Vice-chancellor of Agricultural University, Ludhiana are the other members.

More Updates

| Back | Top | Home |