Guidelines on Indian Owned and Controlled for Insurance Intermediaries
Insurance Regulatory and Development Authority of India Ref:IRDA/INT/CIR/ORD/208/11/2015 Date:20-11-2015 Guidelines on Indian Owned and Controlled for Insurance Intermediaries As you are aware, the Insurance Laws(Amendment) Act, 2015 provides for “Indian Owned and Controlled” requirement for an Indian Insurance Company. The amended Act also provided for increase in the foreign investment cap in the Indian Insurance Companies… Read More »