Irdai forms committee to review Insurance Act – The Times of India
MUMBAI: Insurance Regulatory and Development Authority (Irdai) has set up a high-powered committee led by former SBI chairman Dinesh Khara to review key aspects of Insurance Act, 1938. The committee, which includes top industry experts, is expected to submit its report in three months.Based on recommendations of the Khara committee, Irdai will propose changes to…