(a) the companies registered under IRDA Act, so far to start insurance business in the country; and
(b) the Foreign Direct Investment involved in the business?
(a) the companies registered under IRDA Act, so far to start insurance business in the country; and
(b) the Foreign Direct Investment involved in the business?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALA SAHEB VIKHE PATIL)
a) IRDA has informed that 7 life insurance companies and 5 General Insurance companies have been granted registration to commence business in India.
b) Foreign Direct investment as paid up capital in 11 Indian insurance companies is Rs. 359.15 crores.