RCAP acquisition: IRDAI rejection raises questions for IIHL on funds’ source

[ad_1] The Reserve Bank of India-appointed Administrator of debt-ridden Reliance Capital (RCAP) on 15 October wrote a letter to Hinduja Group firm IndusInd International Holdings Ltd (IIHL). It raised questions…

Finance Ministry seeks applications for Whole Time Member position at IRDAI

[ad_1] The Ministry of Finance has invited applications to fill the position of Whole Time Member (Distribution) at the Insurance Regulatory and Development Authority of India (IRDAI). The candidates are…

Go Digit Life Insurance gets IRDAI nod to carry life insurance business in India – ET HealthWorld

[ad_1] Regulator IRDAI on Friday said it has given permission to Go Digit Life Insurance Limited to carry the life insurance business in India. Go Digit, a firm backed by…

Irdai permits insurers to frame commissions for policyholders, agents

[ad_1] The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurance companies, including life and non-life, to fix an overall cap on commission payment to agents, brokers and…