IRDAI directs Insurers to classify Infrastructure investments

The IRDAI has directed Insurers to classify Infrastructure investments, issued by Infrastructure Companies, rated not less than “A” along with an Expected Loss Rating of “ELl” as part of “Approved investment” and should be listed under category Code “IELB” as per category of investment under Master Circular – investmentsThe IRDAI has directed Insurers to classify Infrastructure investments, issued by Infrastructure Companies, rated not less than “A” along with an Expected Loss Rating of “ELl” as part of “Approved investment” and should be listed under category Code “IELB” as per category of investment under Master Circular – investmentstaxmann.com Latest Statutory HappeningsRead More

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