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Posted in Community :

Secure the future - Insurance

 
Started by : Amar Prasad, Actuary Manager, LIC   09 21 2008 21:32:01 +0000
Industry : InsuranceFunctional Area : Performance Management(People Management)
Activity:  6 views;  last activity : 07 06 2010 20:18:09 +0000

What do you think would be the best steps taken by IRDA for protecting the interest of policy holders.

 
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1 Solvency Margins

Solvency Margins

idea posted by Amar Prasad Actuary Manager, LIC
The insurers are required to maintain solvency margins so that they are in a position to meet their obligations towards policyholders with regard to payment of claims.
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