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View Full Version : IRDA cuts admn fee for GIC under motor third-party ins pool



IndiaInsurance
19th May 2009, 09:27 PM
Insurance regulator, IRDA, on Tuesday reduced the administration fee to be paid to General Insurance Corporation of India (GIC) from 2.5 per cent to 1.25 per cent of the total premium on motor third party insurance business.

More... (http://economictimes.indiatimes.com/IRDA-cuts-admn-fee-for-GIC-under-motor-third-party-ins-pool/articleshow/4552867.cms)