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FinMin says no plan to take general insurance companies public

Last Updated: Sunday, August 30, 2015, 13:19

The new Insurance Act allows the government to disinvest its stake in five general insurance companies -- New India Assurance, United India Insurance, National Insurance, Oriental Insurance and sole reinsurer GIC Re.

Final IPO norms for non-life insurers in next 2 weeks: IRDA

Last Updated: Wednesday, October 3, 2012, 14:59

Insurance Regulatory and Development Authority (Irda) on Wednesday said it is likely to issue final IPO guidelines for general insurance companies in the next two weeks.