Irdai ups scrutiny of broking deals, approvals take longer

Irdai ups scrutiny of broking deals, approvals take longer https://ift.tt/0964Ftj Insurance Regulatory and Development Authority of India (Irdai) has increased scrutiny on the ultimate beneficiaries in share transfers within the insurance broking sector, leading to extended approval timelines. The regulator is examining general partners (GPs), alternative investment funds (AIFs), and venture capital/private equity funds associated with these transfers.