LIC, GIC, New India Assurance identified as D-SIIs

The 3 public sector insurers will be subjected to enhanced regulatory supervision: IRDAI The Life Insurance Corporation of India (LIC), General Insurance Corporation of India and The New India Assurance Co have been identified as Domestic Systemically Important Insurers (D-SIIs) for 2020-21 by insurance regulator IRDAI. Given the nature of …

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