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India: Regulator eases rules to facilitate more efficient use of capital - Vimarsana News

India: Regulator eases rules to facilitate more efficient use of capital

The IRDAI has issued two exposure drafts proposing amendments to non-life and life insurance regulations with the objective of facilitating the efficient utilisation of capital by insurers and increasing insurance penetration.

India: Regulator cuts capital ratio for govt-backed flagship life insurance scheme by almost 50% - Vimarsana News

India: Regulator cuts capital ratio for govt-backed flagship life insurance scheme by almost 50%

The insurance regulator IRDAI has relaxed the capital requirement for the government's flagship programme Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) by almost 50% for insurers to encourage their participation in the scheme.

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