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IRDA tightens financial disclosure rules

India’s Insurance Regulatory and Development Authority (IRDA) has tightened financial disclosure norms by asking general insurers to give details of the reserves maintained for claims that have been paid but not reported adequately in the books of…

Alea gets Spitzer call

Insurer and reinsurer Alea has been subpoenaed by the office of Eliot Spitzer, New York Attorney General.

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