4+ hour, 50+ min ago  (248+ words) The Insurance Regulatory and Development Authority of India (Irdai) has granted two new general insurance licences since the government allowed 100% foreign direct investment (FDI) in the sector in December, Chairman Ajay Seth said on Tuesday. "After the sector was opened…...

2+ mon, 3+ week ago  (273+ words) Shriram Life Insurance will seek a one-year forbearance from the mandatory shift to Indian Accounting Standards (Ind AS)-based financial reporting. Irdai has approved its rollout from this fiscal. Managing director and chief executive Casparus JH Kromhout tells Narayanan V…...