Shreyans Shah
2 years 6 months ago
For IRDAI & Finance ministry:-
1] SBI life insurance, Lic of India, icici insurance & hdfc insurance are having problem in their books. Their liabilities are not properly accounted.
2] Policies which are amended beyond laid rules will need different accounting and their risk weightage are also different.
3] Hopefully solvency margin ratio is not breached due to funny business going on.
4] Does LIC have all copies of insurance issued 50 years ago? As life insurance is only triggered on death or retirement. Kindly check its document warehouse.
5] private insurers also have asset valuation problems. Hopefully it does not scare government which is bent on privatization.
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