IRDAI introduces stricter ownership approval rules for insurers, enhancing regulatory oversight amidst rising investor interest and sector consolidation.

IRDAI has expanded insurers' investment options by permitting investments in private limited companies, infrastructure SPV debt and repo, reverse repo and government securities…

IRDAI has tightened oversight on insurer ownership changes and eased capital raising. Investors now need prior approval for shareholding changes exceeding five percent. The…