Licence, solvency margin norms to be in sync with global standards
Insurance Regulatory and Development Authority chairman N Rangachary on Monday said the licence and solvency margins for insurance companies, after the opening up of the sector, would be at par.

Privatisation not to affect LIC -- DEA secretary
Domestic insurance companies are strong enough to withstand competition once the sector is opened up to the private sector, EAS Sarma, secretary, department of economic affairs, said on Monday.

LIC, bank employees stage dharna against IRDA Bill
About 10,000 employees of state-run insurance firms, banks and term lenders took to the streets on Monday to protest the insurance reform legislation that will open the sector to new players.


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