IRDAI Approves Changes to Capital, Ownership and Solvency of Insurance Companies
The Insurance Regulatory and Development Authority of India (IRDAI) approved several proposals at its meeting on Friday, allowing private equity funds to invest directly in insurance companies, allowing banks to partner with nine insurance companies, allowing insurance companies to raise alternative investments like subordinated debt and preferred stock without obtaining prior regulatory approval. IRDAI has …
IRDAI Approves Changes to Capital, Ownership and Solvency of Insurance Companies Read More »