Friday, September 25, 2020

IRDAI identifies LIC, GIC, New India Assurance systemically important insurers

"D-SIIs will also be subjected to enhanced regulatory supervision," it added. D-SIIs refer to insurers of such size, market importance and domestic and global inter-connectedness whose distress or failure would cause a significant dislocation in the domestic financial system.

source https://economictimes.indiatimes.com/industry/banking/finance/insure/irdai-identifies-lic-gic-new-india-assurance-systemically-important-insurers/articleshow/78316642.cms

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