News From Press IRDAI seeks revised business plans from three public insurance companies

IRDAI seeks revised business plans from three public insurance companies

Source: Economic Times Apr 8, 2022

Insurance sector regulator Irdai has sought revised business plans from three state-owned general insurance companies - National Insurance Company Ltd, United India Insurance Company Ltd and Oriental Insurance Company Ltd - that are facing financial issues, a top official said. The three state-owned general insurance players will have to meet certain regulatory milestones, set by the regulator to be able to get fund infusion, Irdai Member (Non-life) T M Alamelu said on Thursday.

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