IRDA rebuffs Sebi attempt to regulate investment-linked insurance

Apr 12, 2010

It took India’s insurance regulator one sentence to dash hopes in the mutual-funds industry of a turnaround for dire equity product sales volumes.

India's Insurance Regulatory and Development Authority (IRDA) has dismissed an attempt by the Securities and Exchange Board of India (Sebi) to have a say in how unit-linked investment policies (Ulips) are regulated.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]