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Ref. No: IRDA/AGENTS/CIR/BANC/ 115 /06/2011 Date: 07-06-2011
Report of the Committee on Bancassurance – Reg.

The IRDA had constituted a Committee on Bancassurance vide Order No. IRDA/AGENTS/ORD/02/APR 2009 dated May 4, 2009 to study the distribution of insurance products through Banks.  The Committee had invited for comments/views from key stakeholders, insurers, consumer associations, distributors, etc., and after analysis of these views the Committee had submitted their recommendations to the IRDA on 26th May, 2011.  Chairman, IRDA had addressed the Governor, Reserve Bank of India for his remarks on the recommendations made by the Committee. 

 

The Report of the said Committee is annexed.  The comments are invited from general public, stakeholders, consumer bodies, etc., which may be sent to the following address on or before 10th July, 2011:

Mr. R K Sharma

Deputy Director

Insurance Regulatory and Development Authority

3rd Floor, Parisrama Bhavan, Basheer Bagh

Hyderabad - 500 004

Email: rksharma [at] irda [dot] gov [dot] in

Ph: (040) 2338 1300 (B)

Fax: (040) 6682 3334

 

 

 Sd/-

(A Giridhar)

Executive Director

  

 

Insurance Regulatory and Development Authority of India. All Right Reserved.