Insurance regulator, Insurance Regulatory and Development Authority of India (Irdai) is set to come out with final ruling on various issues pertaining to the insurance industry in its board meeting. The meeting which is likely to be scheduled in the second half of the August will review draft guidelines which mandates at least 25% of unit linked insurance plan (Ulip) funds to be invested in central government securities. It will also decide on commissions given to the distributors on the initial premium in life insurance.

Source - http://www.financialexpress.com