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INDIAN (B)

IRDAI eyes uninsured cars to beat industry slowdown

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The Insurance Regulatory and Development Authority of India (IRDAI) has said that the domestic insurance industry should not allow growth to slip below 15% despite the global slowdown. IRDAI chairman Subhash Khuntia asked non-life insurers to counter the auto slowdown by targeting uninsured vehicles and reaching out to new markets.



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