'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......
'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......