Informative

IRDAI and GIC conclave: Task force formed to strengthen surety bond insurance

Update / Judgement Date

23 Aug 2024

Source

CNBC TV18

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementInsurance

The IRDAI’s General Insurance GIC Surety Conclave addressed challenges in the bond market, focusing on insurance industry reforms and regulatory issues. The conclave aimed to enhance understanding of surety bonds and their role in risk management, reflecting the insurance sector's ongoing evolution and regulatory adjustments.

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IRDAI and GIC conclave: Task force formed to strengthen surety bond insurance

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