Forceful merger on the cards for insurers that fail to shore up capital

Forceful merger on the cards for insurers that fail to shore up capital

July 7, 2018 05:35 am

BANEPA, July 7: Beema Samiti -- the insurance sector regulator -- has said that it will direct insurance companies that fail to meet the new paid-up capital requirement within the specified deadline to pursue merger.

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