Insurance Regulatory And Development Authority (IRDA) has issued Guidelines on Corporate Governance for Insurance Companies. The revised guidelines combine the stipulations regarding the Corporate Governance practices, appointment of MD/ CEO/ WTD and other KMPs as well as the appointment of Company Secretaries as compliance officer to insurers. These guidelines shall be applicable to all insurers granted registration by IRDA. As per the guidelines each insurer should designate Company Secretary as the Compliance officer whose duty will be to monitor continuing compliance with these guidelines.