Report calls for Indian insurance regulation overhaul

A white paper from a former Indian insurance regulator and the
former Lloyd's general representative for India has called for
the country's watchdog to "step up to the plate" and
transform the national insurance market.
The paper's authors are H Ansari, former member of the
Insurance Regulatory and Development Authority of India (Irdai),
and Arun Agarwal, a former Lloyd's representative who is now a
director of Kotak Mahindra General Insurance.
Among the main recommendations are for Irdai to ens