Business Insurance will be back online in October. Please check back then to subscribe/register.

All existing subscriptions will be honored. Contact info@businessinsurance.com with any questions.

GLOBAL FOCUS

India: Insurance regulator fines 12 insurers in 2012-2013

Comments Email Reprints

The Insurance Regulatory and Development Authority imposed a fine of nearly 50 million Indian rupees ($813,500) on 12 insurers during the 2012 to 2013 period, ZeeNews reported.

Penalties were levied on two nonlife insurers and 10 life insurers for failing to comply with various regulatory requirements, the regulator said in a report.

Read more

More from BI