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IRDAI caps value of surety insurance contracts at Rs 500 cr

The Insurance Regulatory and Development Authority of India (IRDAI) has capped the quantum of surety insurance contracts for an insurer at 10 per cent gross premium written subject to a maximum of Rs 500 crore per year.The IRDAI has also . ....

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IRDAI caps value of surety insurance contracts at Rs 500 cr

The Insurance Regulatory and Development Authority of India (IRDAI) has capped the quantum of surety insurance contracts for an insurer at 10 per cent gross premium written subject to a maximum of Rs 500 crore per year. ....

Vikash Khandelwal , Authority On , Court Bonds , Development Authority Of India , Insurance Regulatory , Development Authority , Surety Insurance Contracts , Eqaro Guarantees , Mumbai Based Eqaro Guarantees , Principal Debtor , Bid Bonds , Performance Bonds , Advance Payment Bonds , Retention Money , Tax Bonds , Ews India ,