IRDAI’s solvency exemption for United India bonds could trigger more redemptionsJanuary 20 2023 by InsuranceAsia News Staff
- February 3
Market experts suggest the decision not to allocate any more capital is part of a plan to merge the P&C players with LIC.
- February 1
The insurer was last valued at US$3.5bn by Sequoia Capital and is backed by investors including Canadian billionaire Prem Watsa.
- January 30
The bill looks unlikely to be presented at the upcoming budget session after demands from insurers for changes.
- January 26
SIRA fines arise from breaches of AAMI and GIO’s internal review timeframes from April 1, 2018 to August 31, 2020.
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