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The Insurance Regulatory and Development Authority of India (IRDAI) has introduced new regulations on commission payments to intermediaries and expenses of management for general and health insurance companies. While the Payment of Commission Regulations, 2023, removes previous caps on payments, the Expenses of Management (EOM) Regulations, 2023, allows for additional expenses related to foreign and IFSC branches, Insurtech, and insurance awareness. The new regulations issued by the Insurance Regulatory and Development Authority of India (IRDAI) will be effective from April 1. Under the EOM Regulations, 2023, general insurance companies can work with EOM up to 30% of gross premium written, while insurers carrying on standalone health insurance business are allowed to go up to 35% of gross premium written. The objective of these regulations is to provide the insurers the flexibility to manage their expenses based on their growth aspirations and the ever-changing insurance needs with an objective to improve insurance penetration.
Which one of the following numbers is divisible by 11?
Anil and Ashish receive Rs.1500 for work of 6 days. If Anil is 4 times efficient than Ashish, then find the daily wage received by Ashish.
When 1062, 1134 and 1182 are divided by the greatest number x, the remainder in each case is y. What is the value of (x – y) ?
Find a positive number which when increased by 26 is equal to 120 times the reciprocal of the number?
The cube of the difference between two given natural numbers is 1728, while the product of these two given numbers is 108. Find the sum of these two giv...
The sum of two distinct positive natural numbers is 246, and their difference is 34. Calculate 10% of the product of these two numbers.
For a data set value of median and mean are respectively 8 and 5, then find the value of mode?
The sum of the first 163 terms of a GP is equal to the sum of the first 161 terms in the same GP. If the 117th term in the same GP is 985, then what wil...
Suppose, (√(5a+9) )+ (√(5a-9)) = 3(2+√2), then √(10a+9) will be equal to?