Draft Guidelines on Trade Credit Insurance


Quick Summary
The IRDAI has released draft guidelines on Trade Credit Insurance for public consultation. These guidelines have been developed following recommendations from a working group and stakeholder feedback. All interested parties are invited to submit their views and comments on the draft by 28th April 2021 via email.

Exposure Draft

Ref. No:–

Date:07-04-2021

Draft Guidelines on Trade Credit Insurance
EXPOSURE DRAFT

TO ALL STAKEHOLDERS

Re: Draft Guidelines on Trade Credit Insurance

Based on the recommendations of the IRDAI Working Group on revisiting Guidelines on Trade Credit Insurance which were placed on IRDAI website on 21st May, 2020 and comments of various stakeholders received thereafter, draft guidelines on Trade Credit Insurance have been proposed.

2. Considering the significant impact, the proposed guidelines may have on many of the stakeholders involved in trade related transactions, it has been decided by the Authority to place these draft guidelines for seeking their valuable comments and inputs.

3. We invite all the interested parties to submit their views and comments on the draft guidelines in the given format.

4. The comments should be submitted to the following e-mail ids by 28th April, 2021.

i. nl-products@irdai.gov.in

ii. c.naulak@irdai.gov.in

(Yegnapriya Bharath)
Chief General Manager (Non-Life)

Format

Name/Organization: Address & contact no: Date:

 

Page no Para No./ Point No. Guideline Suggestions/Comments Reasons
         
         

FAQ :

The draft guidelines are concerning Trade Credit Insurance, developed by the IRDAI.

They are being placed for seeking valuable comments and inputs from stakeholders due to their significant impact on trade-related transactions.

All interested parties involved in trade-related transactions are invited to submit their views and comments.

Comments should be submitted by 28th April 2021.

Comments should be submitted in the given format to the specified email addresses: nl-products@irdai.gov.in and c.naulak@irdai.gov.in.

 

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