New life insurance regulations in India: January 2016

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By Philip Jackson, Richard W. Holloway, Sanket Kawatkar, Shamit Gupta | 29 January 2016
The Insurance Regulatory and Development Authority of India (IRDAI) has released a number of new regulations and draft (proposed) regulations after the passage of the Insurance Laws (Amendment) Act 2015. These regulations exercise the IRDAI’s newly acquired powers and may change the course of the industry where the regulator feels action must be taken. This e-Alert investigates the impact of the major regulatory changes.