Insurance sector IPO guidelines likely next month: IRDA

The initial public offer guidelines for the insurance sector is likely next month, the Insurance Regulatory and Development Authority (IRDA) said. The IPO guidelines could take a month-time and SEBI will take the final call, IRDA chairman J Harinarayan said. He further said that the valuation norms for the company has been finalised and sent to the Institute of Actuaries. Once their (Institute of Actuaries) committee clears it, it will be sent to SEBI and then the market regulator would take a call, he added. IRDA, which has been working on the guidelines along with the market regulator Securities and ...

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