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India moots compulsory IPOs for insurers
India’s insurance regulator is proposing to make IPOs mandatory for all insurers that have been in operation for a certain number of years, in a bid to increase their transparency.
India's Insurance Regulatory and Development Authority (IRDA) said in a discussion paper that all general insurance companies, including health insurers and reinsurers in operation for eight years, need to kick-start the listing process. The same goes for life insurers that have operated for 10 years.
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