IRDAI asks insurers to submit premium, claims, investment data for ISP
The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurers to submit premium, claims and investment data for the Index of Service Production (ISP). The data is needed to facilitate the requirements of the Union Ministry of Statistics and Programme Implementation (MoSPI), which is preparing the Index of Service Production for the services sector.
Nabka Insight
The regulator (IRDAI), the new services index (ISP) and the nodal ministry (MoSPI) are examinable links.
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- IRDAI directed insurers to submit premium, claims and investment data.
- The data feeds the Index of Service Production (ISP).
- The ISP is being prepared by MoSPI.
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