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Asked by: sadagopal 431 views Life Insurance
where do the share capital of private life insureres get invested?
ashal jauhari on May 30, 2011 Log in to Reply
Dear Sadagopal, Do you want to know about the policy holders’ money or the initial seed capital pitch in by the promoter? Please clarify.
Thanks
Ashal
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sadagopal on May 31, 2011 Log in to Reply
Dear Mr.Ashal,
I want to know about the initial share capital, that has to be set aside , being invested in equities as per IRDA. This amount, i would like to – to be kept as a deposit or to be invested else where. If that is case, where to be invested is my question. Pls.clarify. thanks.
sadagopal on Jun 01, 2011 Log in to Reply
Mr.Ashal,
i still await your valuable input for my above question. pls.revert. tnx.
ashal jauhari on Jun 01, 2011 Log in to Reply
Dear Sadagopal, As far as I know, The amount pitch in by the promoter in a life insurance co. is not invested in share markets or bonds etc. It’s used either for having healthy solvency margin or for normal business related expenses like new branch opening, training of staff/agents etc.
Investments are done from the money received from policy holders be it traditional insurance policies or Unit Linked Policies.
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