HomeAI · summaries
Storia in 4 fonti
Niva Bupa, Acko General Insurance barred from opening places of biz for 6 months
Niva Bupa's allowable expense for FY25 was Rs 2,403.75 crore, while its actual expenses stood at Rs 2,652.12 crore, exceeding the limit by Rs 248.37 crore, according to the regulator's order. Irdai has prescribed limits to ensure insurers control management and operating costs so that a reasonable portion of premiums collected from policyholders is available for providing insurance cover and settling claims.
Confronto fonti
4 prospettive sulla stessa storiaTimeline cronologica
- ·
economictimes.indiatimes.com
IRDAI bars Niva Bupa from opening new offices for six months
Niva Bupa Health has been hit with a six-month ban by India's insurance regulator, preventing the company from opening any new branches. This significant regulatory action means…
- ·
thehindubusinessline.com
IRDAI bars Niva Bupa from opening new branches for six months
IRDAI has barred Niva Bupa from opening new branches for six months over FY25 Expense of Management limits, while the insurer says it is evaluating the order.
