The finance ministry has proposed a host of amendments to the insurance laws — from granting insurers a composite licence to allowing them to sell different financial products. The government is considering an amendment to the IBC to separate the process of resolution of a bankrupt firm from the distribution of funds received from the successful bidder. Read more on these in our morning brief of top headlines.
Govt proposes issuance of one licence for all insurance businesses
Govt proposes issuance of one licence for all insurance businesses
The finance ministry has proposed a host of amendments to the insurance laws — from granting insurers a composite licence to allowing