In order to hedge risk in the falling interest rate and equity market scenario, the Insurance Regulatory and Development Authority ( Irda) is planning to allow insurance companies to invest in derivatives such as equity futures and options, credit default swaps, stock indexed options, commodity futures in gold and silver and interest rate swaps
http://economictimes.indiatimes.com/personal-finance/insurance/insurance-regulatory-and-development-authority-may-allow-insurers-to-invest-in-derivatives-commodity-futures-in-gold-and-silver/articleshow/10148880.cms
