Insurance bigwigs meet Irda chief over Sebi notice

As many as 31 CEOs of life as well as non-life insurance companies met J Harinarayan, chairman of the Insurance Regulatory & Development Authority (Irda), in Hyderabad to appraise him about the notice issued by the capital market regulator, Securities & Exchange Board of India (Sebi), and take the issue forward. Yes, I met the chief executives of life insurance companies which have been served the show-cause notice by Sebi, Harinarayan told FE. He has assured them of taking up the matter with Sebi soon. Harinarayan also mentioned that apart from 13 life insurance companies who sell unit linked plans ...

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