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International

Insurer results will be hit by Indian regulator's investment rule

March 04, 2015 Reprints

The Indian insurance regulator's plans to cut investments in securities other than those approved by 10% may hit the returns of Indian general insurers, Taxmann reported citing The Economic Times.

General insurers in the country are permitted to invest 25% of the premium collected in a fiscal year into securities, excluding the approved securities.

The insurance regulator has called a meeting with public sector insurers to analyze the impact.

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Insurer results will be hit by Indian regulator's investment rule

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