News Asia06 Jun 2022

India:Regulator cuts capital ratio for govt-backed flagship life insurance scheme by almost 50%

| 06 Jun 2022

The insurance regulator IRDAI has relaxed the capital requirement for the government's flagship programme Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) by almost 50% for insurers to encourage their participation in the scheme.

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