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IRDA discards plans to make listing of life insurers compulsory

IRDA discards plans to make listing of life insurers compulsory

Thursday, February 23, 2017, 6:16 PM

The proposal to make listing of life insurance companies compulsory, has been discarded for the next two years. The decision has been taken by Insurance Regulatory and Development Authority (IRDAI), to enable insurers to themselves move towards the listing process, from now on. Currently, only one insurance company, ICICI Prudential Life Insurance, is listed on the stock exchanges.
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