The Insurance Regulatory and Development Authority (Irda) might take an exception to undercutting by non-life companies in the group-health space.
Speaking at a summit organised by the National Insurance Academy, M Ramaprasad, member (non-life), Irda, said the regulator will look into the group-health space, which constitutes 55 per cent of the health segment; retail health makes up the rest.

Source - http://www.business-standard.com