Insurance regulator tightens anti-money laundering rules
IRDAI has stiffened the anti-money laundering rules as part of consolidation of the guidelines for the sector. The rules issued Read more
In his Budget speech, Finance Minister P Chidambaram proposed liberalising the insurance distribution network by allowing banks to act as brokers. However, chief executives (CEs) in the insurance sector say it would take a long time before this is implemented. Read more
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