Posted: 04 Jun 2013 12:03 AM PDT Owing to the liberalization and globalization of the insurance sector, now a days insurers have huge amount of funds collected from the insured in the form of premium. The involvement of the public funds necessitated the regulators to frame regulation to make insurers properly use the freedom... Download Guide on Internal/Concurrent Audit of Investment Functions of Insurance Companies Posted: 03 Jun 2013 11:56 PM PDT One of the major functions of an insurer is investment of its funds and with the ever growing fund size of investments, safeguarding and protection of the same has acquired enormous significance. Insurance Regulatory and Development Authority (IRDA), the regulator, has put in place a tight... |