scorecardresearchIRDAI modifies investment norms for insurance companies

IRDAI modifies investment norms for insurance companies

Updated: 04 Aug 2022, 07:41 AM IST
TL;DR.
The amendments to investment regulations were made by the Insurance Regulatory and Development Authority of India (IRDAI) after it received representations from insurers to relax certain provisions of Investment - Master Circular/ Circulars.
The regulator wants to increase the general insurance premiums to  <span class='webrupee'>₹</span>11.7 trillion by FY27 from  <span class='webrupee'>₹</span>2.2 trillion as of FY22

The regulator wants to increase the general insurance premiums to 11.7 trillion by FY27 from 2.2 trillion as of FY22