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The Insurance Regulatory and Development Authority of India (IRDAI) has capped the quantum of surety insurance contracts for an insurer at 10 per cent gross premium written subject to a maximum of Rs 500 crore per year.The IRDAI has also . ....
The Insurance Regulatory and Development Authority of India (IRDAI) has capped the quantum of surety insurance contracts for an insurer at 10 per cent gross premium written subject to a maximum of Rs 500 crore per year. ....
The demand for embracing surety bonds over bank guarantees gains traction as proponents cite it as a practical way of freeing locked-up working capital. ....
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