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
- French violence raises alert as protests flare across Europe
- AI agents can pose insider security risks even without being hacked: Microsoft
- Nearly 70% of passenger vehicles sold in India are utility vehicles as SUVs drive growth
- Delhi tribunal awards Rs 2.55 crore to woman who lost her leg in accident involving truck
- Trump suspends Russia sanctions, tariffs under Graham Act
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