IRDAI Mandates Insurers to Submit Data for ISP
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Insights by Echo AI
The Insurance Regulatory and Development Authority of India (IRDAI) has instructed all insurers, excluding reinsurers, to submit monthly data on their premium income, investment income, and claims paid to the government. This data is required for the preparation of the Index of Service Production (ISP) by the Union Ministry of Statistics and Programme Implementation.
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