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Insurers can raise funds through Preference Share and Subordinated debts without IRDAI’s prior approvals

Insurers can raise funds through Preference Share and Subordinated debts without IRDAI’s prior approvals

by AIP Online Bureau | Aug 3, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Regulation

The total quantum of the instruments under other forms of capital taken together has to be lower of the following, at any point in time: 50 percent of the total paid up equity share capital and securities premium of an insurer and 50 percent of the net worth of the...

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