On reviewing the existing Regulatory procedure in vogue for according approvals to insurers for opening various places of Business in accordance to the provisions of Section 64 VC of Insurance Act, 1938, the Authority proposes to put in place regulations on the matter . Accordingly, an exposure draft on Insurance Regulatory and Development Authority (Places of Business) Regulations, 2012 is issued for deliberations on the subject.
All stakeholders are requested to review the attached exposure draft and forward their views / comments to the following address before 31st December, 2012.
Joint Director (Life), Insurance Regulatory and Development Authority, 03rd Floor, Parisrama Bhavan, Basheerbagh, HYDERABAD – 500004
Comments may also be forwarded by e-mail to dvsramesh@irda.gov.inbefore 31st December, 2012.
S Roy Chowdhury
Member (Life)
