Insurance Regulator, IRDA has decided to facilitate research on non-life insurance
October 12 2009:
Insurance Regulatory and Development Authority (IRDA) has decided to make available samples of transaction level data on Motor and Health insurance to facilitate research on non-life insurance.
IRDA has been collecting transaction level non-life insurance data on Motor and Health from Insurers and Third Party Administrators.
In order to maintain the confidentiality and to protect the business interests of the data providers, some of the fields are masked in the data set.
IRDA has mentioned that the records are randomly selected and are as received by it. The data may be used after understanding the concepts, definitions, design and coverage with due appreciation of the limitations thereof.
IRDA has clarified that it does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors, omissions in the data. IRDA is not responsible for any decisions/ conclusions drawn by anyone based on this sample data. Also, IRDA is not obliged to give any clarification on the sample data.
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