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

By IANS | Published: September 13, 2022 03:45 PM2022-09-13T15:45:03+5:302022-09-13T16:00:14+5:30

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

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

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

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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