A few hours from now, insurance regulator IRDA will be looking to a new chairman at the helm. J Hari Narayan, who has held the mantle for 5 years now, will retire on February 20.
Insurance Regulatory and Development Authority (IRDA) today said the government's recent move to allow LIC to own up to 30 per cent in a listed company is a matter of legal interpretation. "The issue is a matter of legal interpretation.
Expressing commitment to follow the path of fiscal consolidation, Finance Minister P Chidambaram has said efforts are being made to boost investor confidence and revert to the high growth path.
Insurance regulator IRDA is likely to come up with 'Bancassurance' guidelines by the first week of February, Chairman J Hari Narayan said today.
Sector regulator IRDA today said it will develop 10 standard products in consultation with industry bodies which can be launched by the insurance companies without seeking regulatory nod.
The insurance regulator IRDA today said it is mulling to follow the lead insurance model based on geography, which is presently followed by the banking industry known as 'lead banking model'.
Micro-insurance products were introduced in India essentially to benefit the poor in rural areas as part of the financial inclusion programme.
The much-awaited norms for the initial public offerings of life insurance companies are finally ready.
With M&A activity picking up and companies getting ready to hit the capital markets, many crucial issues have been surrounding the industry. J Hari Narayan, chairman of Insurance Regulatory Authority (IRDA), in an interview with CNBC-TV18’s Avni Raja, clarifies some of these issues and gives an outlook on the insurance sector.
The Financial Stability and Development Council (FSDC) headed by Finance Minister Pranab Mukherjee today reviewed general economic situation in the light of steep rate hike by RBI.
Insurance regulator IRDA today said that Life Insurance Corporation (LIC) was dominating the pension market which could be risky and it was important for other insurance companies to participate in the pension market.
Insurance sector regulator IRDA said on Friday that final guidelines to allow life insurance companies to raise resources from the capital market will be out by end-June.