Moneycontrol PRO

business

IRDA gives second-level clearance to 5 foreign insurance cos

Insurance Regulatory and Development Authority (IRDA) has given second-level approval to five foreign insurance companies to start operations in India, according to people privy to the details of a meeting the insurance regulator held last week.

first published: Oct 28, 2016 08:35 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347