Irdai orders takeover of Sahara Life by SBI Life to protect policyholders

[ad_1] In an effort to protect the interest of thousands of policyholders of defunct Sahara Group’s insurance arm Sahara India Life Insurance Co. Ltd., the insurance regulator, on Friday, directed a take-over of the company’s all the 2 lakh-odd live insurance policies by India’s largest privately held life insurer SBI Life Insurance Co. Ltd. Following … Read more