The Ninth Insurance Summit 2005
“ Optimising the Regulatory Framework”
20 January 2005, Hotel Taj Krishna, Hyderabad

CII is organising its Ninth Insurance Summit on “Optimising the Regulatory Framework” on January 20, 2005 at Grand Ball Room, Hotel Taj Krishna, Hyderabad .

The Summit assumes special significance in the context of the wide ranging developments in the insurance sector in the post liberalisation period, with increased players in the market, heightened competition, wider innovation and choice of products, additional channels of distribution and a growing increase in consumer awareness. The importance of an optimal regulatory framework in ensuring an orderly development and growth of the industry can hardly be over emphasized. A sound and effective regulatory regime will not only ensure a healthy insurance industry, but will also strengthen public confidence and facilitate continual market growth.

The Summit will focus on the evolution of the regulatory framework in the insurance sector and discuss its future direction with specific reference to the balance between regulation and development and the role of self regulation. A distinguished panel of experts will focus on the regulatory aspects in both the life and non life segments of the insurance sector. Dr Y S Rajasekhar Reddy, Chief Minister, Government of Andhra Pradesh will inaugurate the Summit. Mr. C S Rao, Chairman, Insurance Regulatory Development Authority (IRDA) has kindly consented to speak at the inaugural session and chair a Thematic session at the summit.

Further details on the Summit are also available on the CII website (www.ciionline.org) -contact person Mr. Samir Saha/Mr. Rajiv Kumar