Insurance Regulatory and Development Authority (Irda) is in the process of establishing a data warehouse that will contain detailed information on health and motor insurance.
“Access to this data is expected to be available very shortly,” Irda Chairman J Hari Narayan said in his foreword to ‘Handbook on Indian Insurance Statistics 2007-08’, released by the regulator today.
Depending on the usage, Hari Narayan said the warehouse would be improved and extended to cover granule data on other facets of the insurance industry.
The Irda chairman said the handbook on insurance statistics was a small beginning in making available relevant data on the country’s insurance sector.