BSE organises an address by Shri N. Rangachary, Chairman, IRDA on "Growth of Insurance Sector & Role of Financial Intermediaries" on April 26, 2003

The Stock Exchange, Mumbai (BSE) is organising an address by Shri N. Rangachary, Chairman, Insurance Regulatory Development Authority (IRDA) on "Growth of Insurance Sector & Role of Financial Intermediaries" on Saturday, April 26, 2003 at 11: 30 a.m. at the BSE Convention Hall.

The talk is an initiative by the Exchange to enable the sharing of insights between the Insurance Regulatory Body and financial intermediaries. BSE has invited Shri N. Rangachary to share his perspective with capital market participants, insurance companies and bankers

Shri N. Rangachary has spearheaded the reforms in the insurance sector in India since 1996 when the Insurance Regulatory Authority was established. In recognition of his contribution to the insurance reforms in India, the International Insurance Council, USA, honoured him with "International Insurance Award" for the year 1999-2000.

The Insurance industry has been a growth-oriented industry globally. On the Indian scene too, the insurance industry has recorded noticeable growth vis-à-vis other Indian industries. This industry saw a new sun when the Insurance Regulatory & Development Authority (IRDA) invited the applications for registration as insurers in August, 2000. With the liberalization and opening up of the insurance sector to private players, the industry presents promising prospects for the coming future.

Realizing the need and importance of this sector, BSE is organizing an address for the potential investors, Insurance Companies, CEOs, Corporates, Stock Brokers, Academicians and other Financial Intermediaries.