Reducing Startup Capital For Insurers, Changing Solvency Norms Will Put Policyholders At Risk: Rangachary ...Middle East

Chennai:  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 (IRDAI). Prior to 1956, there were several hundreds of small life insurers […] The post Reducing Startup Capital For Insurers, Changing Solvency Norms Will Put Policyholders At Risk: Rangachary appeared first on Ommcom News.

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