General Insurance Council has signed Memorandum of Co-operation with the Associations of Non-life Insurers of following countries with a view to promoting cooperative relationship and mutual understanding between the two organizations, exchanging views/information on matters/activities of common interest and bringing the global best practices into India:
The above objectives will be accomplished by mutual visits by executives of the two Associations; by information exchange on international standards and domestic regulations, ways to maintain and increase the support for the organization by member companies; the industry's position on various social issues pertaining to consumers and the general public; methods to develop an environment in which the voice of the insurance industry is heard by the Government Authorities; and by contributing to joint research and study activities on specific themes.