After winning the turf war with market watchdog SEBI on ULIPs, insurance regulator IRDA said it would frame new guidelines for these products to make them more attractive for policy holders. Certainly, yes, Insurance Regulatory and Development Authority (IRDA ) chairman J Hari Narayan said when asked whether the insurance regulator would unveil new guidelines for ULIPs to make them attractive for investors. The government has ended the turf war between IRDA and SEBI, saying unit linked insurance plans (ULIPs) will be regulated by IRDA. On Friday night, President Pratibha Patil issued the Ordinance, explaining that the life insurance business ...

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