The Tariff Advisory Committee ascertains and regulates the rates, advantages, terms and conditions offered by insurers in respect of General Insurance Business relating to Fire, Marine, Motor, Engineering and Workmen Compensation. There are several regulations framed under the Tariff Advisory Committee, such as Workmen’s Compensation Tariff, All India Fire Tariff, Engineering Tariff, India Motor Tariff, Consequential Loss (Fire) Tariff etc. Insurance Regulatory Development Authority has deputed the Tariff Advisory Committee as the data repository for the Non-Life Insurance industry.
