NATIONAL
INSURANCE ACADEMY
PUNE
P268
– PROGRAMME ON CURRENT TRENDS IN REGULATORY FRAMEWORK (NON-LIFE)
Programme Overview:
Worldwide, insurance is a regulated industry.
Insurance is regarded as a business with inherent public interest. Thus,
the business of insurance, although primarily a matter of private contract, is
nevertheless of such concern to the public that it requires close regulations
and supervision to protect the interest of the policyholders and other
stakeholders. In India, the Insurance Act, 1938 is the primary legislation
governing the insurance industry. The Act confers wide-ranging regulatory powers
on IRDAI. IRDAI has designed a detailed regulatory framework. Executives working
in the insurance industry need to keep themselves abreast of the dynamic
regulatory environment
Objectives:
At the end of the participants will be able to:
§
Appreciate
the overarching insurance regulatory framework in India.
§
Familiarize
themselves with key provisions of the Insurance Act and IRDAI Regulations.
§
Assess
the impact of dynamic and evolving regulatory framework on the insurance
business
Contents:
§
Insurance Act, 1938 & IRDAI Act, 1999 – key provisions
§
Products, rural social, motor TP
§
Health Insurance Regulations
§
Intermediary Regulations
§
Rural, Social Sector, Motor TP Regulations
§
Accounting, solvency, investment regulations
§
Consumer protection and general insurance
Participants’ Profile:
Executives
in the cadre of Scale III and above working in any Department / function of
general insurance companies.
Duration: 2 days
Dates:
07.07.2025
- 08.07.2025