India: IRDA to set up Insurance Clearing House
    
        
            
                
            Source: Asia Insurance Review | Dec 2013
         
     
    
    
    
    
    
    
    
    The Insurance Regulatory and Development Authority (IRDA) plans to set up an Insurance Clearing House (ICH) that will ensure timely and effective reconciliation of inter-company reinsurance and coinsurance balances and settlement of these balances.
    
    
    
    
    
	
        
		
        
            
                
				
					
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