Title: Exposure Draft
Reference No.: IRDA/F&A/DP/IPO/2016-17/
Discussion Paper on “Listing of Indian Insurance Companies”
This has reference to the meeting of the Authority with the CEOs of Life and General Insurance companies held on April 15, 2016 at Hyderabad wherein apart from various other issues, the listing of Indian insurance companies was also discussed.
In order to direct the Indian insurance companies having completed eight years of operations in case of general/re-insurance and ten years of operations in case of life insurance, to go for public listing, the Authority intends to issue Direction as per the discussion paper enclosed.
All are requested to forward their comments within 21 days from the date of issue of this communication. The comments may be forwarded to Dr. Mamta Suri, HOD-F&A at mamta at irda dot gov dot in and Mr.R.K. Sharma, Joint Director at rksharma at irda dot gov dot in.
(V. R. Iyer)