Indian regulator proposes mandatory listing for carriers

The Insurance Regulatory and Development Authority of India
(Irdai) has tabled the idea of mandatory listing for Indian
insurance companies.
In a paper released on 11 August, Irdai said that it had
discussed the idea at a meeting held on 15 April in Hyderabad.
The regulator said that general insurers and reinsurance
companies should be publicly listed after eight years of operation,
while life insurers should list after 10 years.
Listing provides a number of intrinsic advantages, Irdai said,
inc