, India

IRDAI hike insurers cap on exposure

The Indian insurance regulator has increased the limit to 30%.

India’s Insurance Regulatory and Development Authority (IRDAI) has increased the limit of insurance companies' exposure to financial and insurance activities to 30%.

This will allow insurers to take on higher exposure in the industry.

The previous ceiling was capped at 25%. The change was announced in a circular last 29 April.

Generali Asia appoints new India life insurance chief

India slashes LIC IPO to 3.5%

EXCLUSIVE: Why embedded insurance is cutting out the middleman

Follow the link for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

APAC emerges as leader in renewables insurance
RE is projected to account for 45% of global electricity generation by 2030.
Insurance
IFRC-DREF triggers insurance payout after disaster relief demands exceed threshold
The policy provides up to $16.92m in coverage.The International Federation of Red Cross and Red Crescent Societies' Disaster Response Emergency Fund (IFRC-DREF) has triggered its first-ever insurance payout after disaster relief demands exceeded its deductible threshold. 
Insurance