Finance
Mr. BillionhairIRDAI Gives Insurers 20% Investment Boost—Huge Win!
Listen up, America! IRDAI, the insurance overlords of India, just dropped a bombshell: they’re letting insurers invest 20% in infrastructure SPVs! But wait, these projects better be cash cows—only the best will do, folks! AA ratings or bust! It’s a tremendous win for insurers, believe me! I told you this would be huge! Get ready for the cash flow party!
few days ago | Aathira Varier
Quick rundown
1.Irdai proposes insurers invest in infrastructure SPVs.
2.Investments capped at 20% for debt instruments.
3.Projects must have stable cash flows and AA rating.
4.SPVs offer predictable returns and low risk.
5.Stakeholders invited to comment on the draft proposal.
