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Medi Assist Insurance TPA Private Limited (Medi Assist TPA), a wholly owned subsidiary of Medi Assist Healthcare, has entered into a share purchase agreement to acquire 100% equity stake in Paramount Health Services & Insurance TPA Private Limited (Paramount TPA).
CAMS share price hit an intraday high of Rs 3,225 in the afternoon trade against its previous close of Rs 2,992.
The Insurance Regulatory and Development Authority of India (IRDAI) has implemented changes to the Indian Motor Tariff 2002.
The IRDAI moved to the Supreme Court to challenge the decision of the Securities Appellate Tribunal.
Debashish Panda is an IAS officer from the 1987 batch of Uttar Pradesh cadre.
The IPO proposal was cleared by IRDAI in its board meet yesterday. The LIC DRHP filing with SEBI is likely to happen tomorrow, i.e on February 11, 2022.
DIPAM mentioned that the IPO is expected to be out by the last quarter of this fiscal year and reports doubting this is incorrect.
The two Covid-specific health policies, named: "Corona Kavach" and "Corona Rakshak" are meant for a short-term basis.
The Insurance Regulator, IRDAI has formed a committee to discuss approval of Index-Linked Life Insurance products in the market amidst applications from various stakeholders. Index linked life insurance means the sum assured (or sum insured) gets a boost year-after-year to keep it inline with the Retail Price Index (RPI).
IRDAI issued a public circular to insurance providers.
The Axis Bank-Max Life Insurance JV deal has moved closer with both firms agreeing to amend clauses in their transaction contract that had flagged concerns of the insurance regulator, IRDAI.
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