The insurance regulator has formed a joint working group with Life Insurance Council on norms for traditional products. “The group has already commenced work and had two rounds of discussions. It will give its recommendations soon,” Mr J. Hari Narayan, Chairman, Insurance Regulatory and Development Authority, told Business Line here on Thursday.
http://www.thehindubusinessline.com/industry-and-economy/banking/article3658259.ece
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