IRDA and the Changing Tariff Structure for Motor Vehicle Insurance in India
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Case Code: INS012 Case Length: 03 Pages Period: 2003 Pub Date: 2003 Teaching Note: Available |
Price: Rs.100 Organization: Varied Industry: Insurance Countries: India Themes: - |
Abstract Case Intro
Abstract
The case discusses the proposed changes in the tariff structure for motor vehicle insurance in India.
It examines the role of the Insurance Regulatory and Development Authority (IRDA) with regard to the rationalization of the tariff structure for motor vehicle insurance and the recommendations made by the Ansari Committee.
The case also examines some underwriting factors like safety equipment and territory of operation and their impact on the tariff rate of motor vehicle insurance.
Issues
- Understand the underwriting factors that can affect the tariff rate of motor vehicles insurance
- Discuss the proposed modifications in the tariff structure for motor vehicles insurance
Keywords
Tariff Structure, Motor Vehicle Insurance in India, Insurance Regulatory and Development Authority, IRDA, Rationalization, Tariff Structure, Motor Vehicle Insurance, Ansari Committee, Underwriting Factors, Safety Equipment, Territory of Operation
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