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Reducing startup capital for insurers, changing solvency norms will put policyholders at risk: Rangachary

By IANS | Published: September 13, 2022 3:45 PM

Chennai, Sep 13 Allowing regional insurance companies, reducing minimum startup capital, changing investment norms and other measures may ...

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Chennai, Sep 13 Allowing regional insurance companies, reducing minimum startup capital, changing investment norms and other measures may result in mushrooming of small insures and the return of pre-1956 period, said N. Rangachary, the first Chairman of the Insurance Regulatory and Development Authority of India

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Tags: Insurance Regulatory and Development Authority
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