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Bima Sugam India Federation

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Can Insurers Invest In Bima Sugam India?

'Investment by insurers in the Bima Sugam India Federation is illegal as it is a private limited company.' Illustration: Uttam Ghosh/Rediff.com   Questions are raised by insurance industry......

'How Can IRDAI Ask Insurers To Invest In Bima Sugam?'

'It is imprudent on the part of Indian insurance companies to invest out of the shareholders' fund in a private limited company.' IMAGE: Debasish Panda, chairman, Irdai. Photograph: ANI Photo......

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