The insurance business in India went through various sets of regulations in the pre- and post-independence period. The regulation of insurance business changed in accordance with the government policy and approach to the society. In the early days, insurance business was under the private sector ...
The insurance regulator IRDAI has proposed a host of stringent measures, including doubling the capital requirements for broking segment, in a bid to streamline the sector.
The Office of the Insurance Commission (OIC) and the insurance sector have put forward proposals to rein in rising medical treatment costs, for a sustainable health insurance system.Archived articles are available to Magazine subscribers only....
At the same time, the cost for producers to lock in hedges that act as insurance against a sudden collapse in prices has recently surged by as much as 50%. /jlne.ws/3NtfqtB Not All Yield Curve Inversions Are Fatal; The curve can’t be ignored, but its current behavior isn’t a ...
News of the probe follows an article published this week in The Wall Street Journal, which reported that tens of thousands of people, many of them retirees, had a total of $2.2 billion of their money frozen since 2019 amid the implosion of Mr. Lindberg’s insurance empire. /jlne.ws/3T...
practices in the insurance sector where intermediaries are mostly subject to direct oversight bytheindependent regulator4. legco.gov.hk legco.gov.hk 再者,保險業實行自我規管制度與國際做法並不一致,因為按照 國際做法,保險中介人大多由獨立監管機構直接規管4。
The question we always should ask ourselves is whether there has been regulatory capture. In the US there is always the fear of regulatory capture by the private sector. In India it is the reverse — regulatory capture by the political class. ...
Setting up of Independent Regulator for Coal SectorPrint this
Competition Law is relatively of nascent origin in India. There have been some cases of conflict of jurisdiction between sector specific regulators and CCI, particularly, in relation to enforcement of intellectual property rights, which has attracted judicial intervention by writ courts. The higher ...
details of their grievance redressal officer, the Rajiv Gandhi Equity Savings Scheme (RGESS) of the Securities and Exchange Board of India (SEBI), and the allowing of the Insurance Regulatory and Development Authority for insurers to have a maximum of 12 percent and 15 percent equity in a ...