IRDAI proposes single management expense limit for insurers
November 24 2022 by InsuranceAsia News Staff
MORE FROM: Legal/Regulatory
-
IRDAI’s onshoring push may squeeze out cross-border reinsurers
- April 16
The Indian regulator’s plan to introduce collateral will raise costs, increase compliance and administrative burdens.
-
India’s GIC Re to revive stake sale post-elections: report
- April 15
Chairman of the state-owned reinsurer dismissed the possibility of a privatisation in the "immediate future". The priority is to improve its credit ratings to grow its international business.
-
IRDAI allows carriers to customise commercial policy wordings: reports
- April 15
Non-life insurers were previously restricted to offering standard base policy wordings for motor, property, and engineering insurance cover based on which they could provide add-on covers/riders.
-
Philippines budgets US$80m for crop insurance funding in FY 2024
- April 8
The allocation is under the 2024 General Appropriations Act and is expected to cover the full cost of crop insurance premiums of more than 2.3m of the country's targeted farmers and fishermen.
Partner Content
Join the mailing list
Designed to help you stay ahead, our daily newsletter provides a round-up of the latest news and insights, delivered straight to your inbox.
Print Edition
Subscribe to receive our quarterly print magazine.