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The Insurance Regulatory and Development Authority has directed the non-life insurance companies to submit half-yearly and yearly reports on trade credit insurance business.
``With a view to maintain consistency in reporting and better analysis of the credit insurance portfolio, the Authority has devised certain forms for reporting under credit insurance,’’ Mr Randip Singh Jagpal, Joint Director, IRDA said in a circular issued on Thursday.
All the non-life insurers should submit half-yearly reports for the financial year 2011-12 within 15 days, the circular added.
nagsridhu@thehindu.co.in
``With a view to maintain consistency in reporting and better analysis of the credit insurance portfolio, the Authority has devised certain forms for reporting under credit insurance,’’ Mr Randip Singh Jagpal, Joint Director, IRDA said in a circular issued on Thursday.
All the non-life insurers should submit half-yearly reports for the financial year 2011-12 within 15 days, the circular added.
nagsridhu@thehindu.co.in
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