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View Full Version : Stricter governance norms for insurers



IndiaInsurance
29th May 2009, 10:27 PM
In the wake of the Satyam failure, unlisted insurance companies have come under the regulator's vigil. The Insurance Regulatory and Development Authority (IRDA) has issued a draft paper containing comprehensive corporate governance norms for insurance companies. The norms primarily deal on the board structure, disclosures, mandatory committees and role of appointed actuaries.

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