IRDA issues uniform norms to ensure solvency of insurance cos

Jan 6

IRDA issues uniform norms to ensure solvency of insurance cos

Insurance regulator IRDA today introduced uniform asset-liability management norms for market players to ensure their solvency and asked firms to undertake stress tests to ascertain their ability to meet financial obligations in the event of a crisis.
http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/irda-issues-uniform-norms-to-ensure-solvency-of-insurance-companies/articleshow/11366394.cms

 

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