IRDA guidelines for Insurance Companies
IndianMoney.com Research Team | Posted On Saturday, February 21,2009, 03:32 PM
- ★
- ★
- ★
- ★
- ★
IRDA Regulations on Investment for General Insurance Companies. According to the IRDA regulations the insurer under the General Insurance Corporation must invest his money in the following way :
- 1.20% of the investments should get channelized into Central Government Securities.
- 2.30% of the investments should be in state government and other guaranteed securities.
- 3.5% investment should be made in the housing sector and state government loans.
- 4.10% of the investment should be channelized to the infrastructure and the social sector.
Get free Personalized Money tips!
- Get weekly tips on how to Save, Spend, Borrow, Invest Money wisely.
- Be the first one to know the new things happening in the world of Finance.
- Our free articles and tips will help you become a Financial Wizard.
