IRDA GIVES FULL PRICING FREEDOM TO GENERAL INSURERs
The Insurance Regulatory Development Authority (IRDA) of India has decided to give full pricing
freedom to the general insurance companies from January 1,2008. Except for motor, third party rates
insurers are free to quote the premium rates filed with IRDA for all other lines of business (whether a new policy or a renewal policy).
freedom to the general insurance companies from January 1,2008. Except for motor, third party rates
insurers are free to quote the premium rates filed with IRDA for all other lines of business (whether a new policy or a renewal policy).
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