 "Irdai to ask for segmental reporting of balancesheet")
The insurance regulator is considering asking insurance companies for segmental reporting of balance sheets. This will show the loss and profit, expenses, etc for each segment separately, especially for segments like group health, where insurance companies are facing losses.
Speaking to reporters on the sidelines of a seminar organised by the Insurance Brokers Association of India, T S Vijayan, chairman, Insurance Regulatory and Development Authority of India said: "Many insurance companies chase top line and group insurance products is one segment that immediately adds to the top line. But in such cases, the companies don't show profit and this is a
