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IRDA snubbed as India's finance ministry forms insurance committees

Indian presidential residence (the Rashtrapati Bhavan)

India’s finance ministry has formed four committees to consult on insurance business in the country, drawing representatives from insurance companies, industry bodies, rating agencies and finance ministry officials.

Representatives from The Insurance and Development Authority of India- the country's insurance regulator- are notably absent from the committees.

In the committees inaugural meeting last week the

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