Transcription of INSURANCE REGULATORY AND DEVELOPMENT …
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INSURANCE REGULATORY AND DEVELOPMENT …
INSURANCE REGULATORY AND DEVELOPMENT authority OF INDIA ( INSURANCE BROKERS) REGULATIONS, 2017 NOTIFICATION NO. [ IRDA/REG/ / /2017], DATED 00-00-2017 - In exercise of the powers conferred by sections 42D, 42E and 114A of the INSURANCE Act, 1938 (4 of 1938) read with sections 14 and 26 of the INSURANCE REGULATORY and DEVELOPMENT authority Act, 1999 (4 of 1999) , the authority in consultation with the INSURANCE Advisory Committee, hereby makes the following regulations, namely: - Objective: The objective of the INSURANCE Brokers Regulations is to supervise and monitor INSURANCE broker as an INSURANCE intermediary who for remuneration or fee arranges INSURANCE contracts with insurers and/ or reinsurers on behalf of its clients.
the functions of an insurance broker; o. "Regulations" means Insurance Regulatory and Development Authority (Insurance Brokers) Regulations, 2013
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