Irdai issues circular to create single reference for all periodic returns

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The story "Irdai issues circular to create single reference for all periodic returns" was covered 2 weeks ago by Business Standard, a news publisher based in India.

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Irdai issues circular to create single reference for all periodic returns - Business Standard

Quick Summary:

The second part pertains to the business statistics that are collected either through BAP (business analytics project) or email.

This is to understand the growth and spread of the business in various geographies, distribution channels, demography, product segments, persistency, renewability, etc.

The final part of the circular repeals the various circulars which are no longer applicable, subsequent to the notification of this circular.