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ANNUAL REPORT 2007-08

viii. IRDA Journal

The IRDA Journal, the monthly publication of the Authority, has completed five years with the November 2007 issue. The Journal has grown in its strength and reputation and has been recognized as a medium of communication for everyone who is either directly or indirectly associated with the insurance industry. Further, it has continued to fulfill its role as a resource for researchers, analysts and the insurers themselves, both at home as well as abroad. The emphasis has been on focusing issues, cover topical issues; presentation of the statistical data in a meaningful manner and keeping an eye on the demands of the industry. The recent changes in the presentation of issues have been welcomed by all.

During the year 2007-08, the Journal covered various

contemporary issues.

The contributions have come from

stakeholders of the industry presenting different perspectives

on

any

issue.

The

areas

of

focus

during

2007-08

were:

Financial Management of Disasters and Management for Insurers; Reserving and

Preparedness; Risk Solvency; Insurance

Education and Awareness; Monitoring and Supervision; Reinsurance; Insurance Laws; Micro-insurance; Agriculture Insurance; Health Insurance; Role of Insurance in Personal Financial Planning; and Marine Insurance.

ix. Acknowledgements

The Authority would like to place on record its appreciation for the outstanding leadership provided by Shri C.S. Rao, Chairman, IRDA from June 10, 2003 to May 14, 2008. The Authority would also like to place on record its appreciation and sincere thanks to the Members of the Insurance Advisory Committee, the Reinsurance Advisory Committee, Insurance Division (Ministry of Finance), all insurers and intermediaries for their invaluable guidance and co-operation in its proper functioning and to the compact team of officers and employees of the Authority for efficient discharge of their duties. The Authority also records its special thanks to the members of the public, the press, all the professional bodies and international agencies connected with the insurance profession for their valuable contribution from time to time.

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