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Insurance Regulatory and Development Authority of India IRDAI/NL/GDL/MISC/244/09/2021 8th September, 2021 To, The Chairman-Cum- Managing Directors/Chief Executive officers of General Insurance Companies (except ECGC Ltd and AIC Ltd) Madam/Sir, IRDAI (Trade Credit Insurance) Guideli
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FAQ :
The new guidelines are specifically for Trade Credit Insurance.
The guidelines will come into force on 1st November 2021.
The guidelines have been revised to consider the evolving insurance risk needs of various sectors and to respond to changing market conditions.
The guidelines have been placed on the IRDAI website.
These guidelines are addressed to the Chairman-Cum Managing Directors/Chief Executive Officers of General Insurance Companies, except for ECGC Ltd and AIC Ltd.
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Notification No : IRDAI/NL/GDL/MISC/244/09/2021Published in Miscellaneous
Source : https://www.irdai.gov.in/admincms/cms/whatsNew_Layout.aspx?page=PageNo4561&flag=1