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IRDAI Transfers Sahara India Life’s Life Insurance Business to SBI Life

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SBI Life Insurance is taking over Sahara India Life Insurance's life insurance business after regulatory concerns. The IRDAI will oversee shareholder investments.

Fit and Proper Criteria Required for IRDAI-Appointed Administrator of Sahara India Life: SC Advocate

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Sahara India Life Insurance Co. faces transfer of policy liability to SBI Life due to the IRDAI's decision that its promoters are no longer 'fit and proper' to run the business. An advocate hopes for a justified decision from IRDAI amid potential disputes, pointing out that earlier in 2017, ICICI Prudential ordered a transfer.

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IRDAI Transfers Sahara India Life’s Life Insurance Business to SBI Life

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SBI Life Insurance is taking over Sahara India Life Insurance's life insurance business after regulatory concerns. The IRDAI will oversee shareholder investments.

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