Lethal
13-01-2010, 07:59 PM
Insurance-sector regulator, IRDA is planning to come out with the IPO guidelines for insurance companies by the end of next month, a top official said.
"We are awaiting Institute of Actuary's guidance note on Economic Capital calculation. Once that is done, we will be in shape. We will come out with the IPO guidelines by February end," Insurance Regulatory Development Authority (IRDA) chairman, J Hari Narayan, told reporters on the sidelines of an insurance conference organized by FICCI in Mumbai on Tuesday.
Source - economictimes.com (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/IRDA-to-come-out-with-IPO-guidelines-by-Feb-end/articleshow/5437840.cms)
"We are awaiting Institute of Actuary's guidance note on Economic Capital calculation. Once that is done, we will be in shape. We will come out with the IPO guidelines by February end," Insurance Regulatory Development Authority (IRDA) chairman, J Hari Narayan, told reporters on the sidelines of an insurance conference organized by FICCI in Mumbai on Tuesday.
Source - economictimes.com (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/IRDA-to-come-out-with-IPO-guidelines-by-Feb-end/articleshow/5437840.cms)