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Irdai bars Niva Bupa's branch expansion for six months
MUMBAI: Niva Bupa Health Insurance has been barred from opening new places of business for six months after the insurance regulator found that the company had failed to comply with expense of management limits for 2024-25.
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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…
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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.
