Straight from the Specialists
(The views expressed in this column are the author’s own and do not represent those of Reuters)
Last week, the regulator finally released the long-awaited draft for insurance companies to raise capital through an Initial Public Offer (IPO). As soon as this announcement was made, the entire industry was caught in a frenzy trying to decipher every word.
Here’s my extract of the guidelines of issuance of capital by life insurance companies: