News From Press Irdai relaxes timeline for insurers to submit reinsurance plans for FY21

Irdai relaxes timeline for insurers to submit reinsurance plans for FY21

Similar steps are also initiated by governments of various countries which could result in disruption in the operations of reinsurers, Irdai said.

The Economic Times Apr 1, 2020

In the wake of coronavirus outbreak, insurance sector regulator Irdai has allowed insurers to submit their reinsurance plans for 2020-21 with a lag as the pandemic has disrupted operations across sectors. Issuing guideline on relaxation of timelines for certain provisions of the IRDAI (Re-insurance) Regulations, 2018, the sectoral watchdog said in view of Covid-19 pandemic, the Government of India has initiated various measures including enforcement of lock-down in various areas.

Click here to read more>>

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Silver ETF gains greater traction as AUM tops Rs 5,000 crore in April

National Pension System: Top 5 changes in NPS rules you must know in 2024

Sebi asks AIFs to report PPM changes directly to streamline compliance cost

Amid Sebi's ban on overseas ETF inflows, the spread between market price & NAV widens

Choose Aadhaar-based KYC: Once done, you may invest across fund houses

Should HNIs look at private credit as an investment option? 6 experts answer

Fund houses' ticker-tape parade of fiscal success on the D-Street

NPS equity funds have consistently beaten large-cap mutual fund in last 10 years: A look at how NPS funds have performed

Low charges, high returns, income tax benefits — 5 reasons to choose NPS for retirement planning

Mutual fund investors are left with these options after RBI's curb on overseas investments

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

AMCs can pay trail commission to the new distributor if investors initiate transfer of their assets. How will this impact you?

Help me get clients of other distributors who are underserved

Lead to poaching of clients

No significant effect on my business

EVENTS FORUMS