IndiaInsurance
6th June 2011, 08:01 AM
India's insurance regulator is working on a plan to reduce the future risk for LIC, which will be saddled with growing annuity payouts because of rising life expectancy. The Insurance Regulatory and Development Authority, or Irda, may make it mandatory for private insurers to sell annuity plans to their customers, a top official said.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/irda-working-to-reduce-future-risk-for-lic-saddled-with-of-growing-annuity-payouts/articleshow/8740356.cms)
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/irda-working-to-reduce-future-risk-for-lic-saddled-with-of-growing-annuity-payouts/articleshow/8740356.cms)