From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.Irdai tightens ESOP norms, share transfer rules for insurers
What's behind this
The Insurance Regulatory and Development Authority of India (IRDAI) has mandated a four‑layer motor insurance structure to take effect from December 15. The move is intended to bring clarity on the range of policy options available to vehicle owners, helping them make more informed decisions.
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right · 1 outlet
Irdai has implemented stricter rules regarding employee stock option plans for insurance companies to regulate ownership stakes. Senior executives and directors must seek approval to exceed prescribed shareholding limits under these plans. Insurers are required to monitor direct and indirect share…
RSS excerpt
Irdai has implemented stricter rules regarding employee stock option plans for insurance companies to regulate ownership stakes. Senior executives and directors must seek approval to exceed prescribed shareholding limits under these plans. Insurers are required to monitor direct and indirect share…
