Question

Why is public disclosure of insurance business considered vital?

a.

To increase market discipline

b.

To keep information confidential

c.

To reduce regulatory scrutiny

d.

To limit stakeholder awareness

Answer: (a).To increase market discipline Explanation:Public disclosure helps in bringing more market discipline, which is essential for the real and sustainable development of the insurance sector.

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Q. Why is public disclosure of insurance business considered vital?

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