Indian Insurance Bureau

Insurance Regulatory and Development Authority (IRDA) has reported that it has set up an Insurance Information Bureau (IIB) in October, 2009. The IIB will function as the advisory body for IRDA by providing necessary inputs for policy and research development activity. In addition, it will also function as a single point official reference for the entire data requirement on insurance sector.

This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question raised in Lok Sabha today.

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(Release ID :61699)