Jagdish Motwani
11 years 12 months ago
Sir, through this forum, I would like to bring to the notice about improper existence of Govt. Insurance Fund, which exists only in Maharashtra & Kerala. GIF engages in monopolistic & unfair trade practices for insurance of State Govt. & Municipal contracts & is beyond control of regulator IRDA. This body has no stipulation about Reinsurance, Solvency Ratio, Audits, Rural & Social Sector Obligations, etc. which are essential pre-requisites for all insurers & in the event of any catastrophe, this
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