GIFT City based the IFSCA has cancelled the license granted to Prowess Insurance Brokers Pvt. Ltd. (PIBPL), to operate a Branch office in GIFT IFSC as IFSC Insurance Intermediary Office (IIIO). The action is taken in light of non-compliance with directions issued by IFSCA and the provisions of the IFSCA (Insurance Intermediaries) Regulations, 2021.
Recent Posts
- Iran seeks “insurance mechanism” to reduce risks for ships transiting through Hormuz
- Govt to launch affordable cloud-based hospital management system for small clinics on Jun 29
- TotalEnergies must address climate risks linked to its products, French court rules
- Australia’s security environment degrading, spy chief warns
- Venezuela earthquakes kill nearly 1,000, tens of thousands missing
Categories
- Articles
- Banking & Bancassurance
- Blog
- Breaking News!
- Briefs
- Climate, Environment, Renewable Energy
- Data
- Disaster & Management
- Eco/Invest/Demography
- Editorial
- Events
- Facts
- Features
- Health
- Indian News
- Intermediaries
- International News
- Interviews
- Life
- Main Menu
- Non-Life
- Pandemic
- Pension & Social Security
- Policy
- Regulation
- Reinsurance
- Risk Management
- Simple
- Technology
- Trends, Facts
- Uncategorized
- Wealth Management/ Philanthropy
- Workplace/Employee Benefits