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IRDAI hiked maximum investment limit of insurers in banking, financial services and insurance (BFSI) companies to 30% of their assets from 25%. Investment in housing financing companies and infrastructure financing companies will be a part of this. As per the latest changes to Irdai’s investment Regulations, 2016, the exposure limit for financial and insurance activities will now stand at 30% of investment assets for all insurers. Investment in housing financing companies and infrastructure financing companies will be a part of this. Experts feel that the hike by the regulator will help insurers bring their exposure to financial and insurance activities near broader Indian market indices. The life insurance industry had been seeking an increase in the current 25% sectoral limit on exposure to the BFSI Sector.
Which of the following is not a Insurance Intermediary?
What is the significance of "Section 64 VB" of the Insurance Act 1963?
The practice of buying or selling of a security by someone who has access to material nonpublic information about the security, is termed as?
An individual who may become eligible to receive payment due to will, life insurance policy, retirement plan, annuity, trust, or other contract is known...
The conversion of insurance companies from mutual companies owned by their policyholders into publicly traded stock companies is termed as?
What does the term "insured" refer to in insurance?
What is the ceiling of annual premium in a Micro Variable Insurance Product?
General insurance public sector association (GIPSA) is an association of four public sector general insurance companies?
What is NOT an element of an insurance contract?
A person invests Rs. 100000 in an insurance policy, 40000 Rs in a PPF account. He also invests fees of his two children 40000rs each. Then how...
