{
IRDAI

Companies

}
finance ministry proposes 100 percent fdi limit in insurance sector
The Finance Ministry has proposed raising the FDI limit in insurance firms to 100% and reducing the minimum net-owned funds for foreign re-insurers from Rs 5,000 crore to Rs 1,000 crore. Additionally, the IRDAI may set lower capital requirements for companies in under-served areas, aiming to enhance policyholder security, promote market entry, and boost economic growth and employment.
Moneycontrol
Indian Rupee IRDAI IND
Finance & Economy, Press Release
05:43 29.11.2024
efforts underway to reduce health insurance premiums in india
The Insurance Regulatory and Development Authority of India (IRDAI) is addressing rising health insurance premiums, emphasizing the need for collaboration between insurers and healthcare providers to establish fair pricing. IRDAI chief Debasish Panda noted that expanding the customer base and improving claim experiences will contribute to making health insurance more affordable.
Moneycontrol
IRDAI IND Debasish Panda
Regulatory & Legal, News Article
14:42 22.10.2024
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