Irdai seeks to ease investment rules in insurance sector
The Insurance Regulatory and Development Authority of India (Irdai) is proposing significant changes to ownership and capital structure regulations. These proposed amendments aim to simplify investor entry into insurance companies and permit merge...
By ET Bureau |
IANS
It has proposed allowing insurance companies to merge with their non-operative holding companies (NOHCs) and easing several ownership and investment norms as part of new proposed registration and capital structure regulations.
Mumbai: The Insurance Regulatory and Development Authority of India (Irdai) has proposed changes that could make it easier for investors to buy stakes in insurance companies and allow insurers to merge with their non-operating holding companies.
It has proposed allowing insurance companies to merge with their non-operative holding companies (NOHCs) and easing several ownership and investment norms as part of new proposed registration and capital structure regulations.
It has proposed allowing insurance companies to merge with their non-operative holding companies (NOHCs) and easing several ownership and investment norms as part of new proposed registration and capital structure regulations.
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