
Summary: The blog notes that while India’s insurance framework does not prohibit broker listings, due to the absence of explicit IRDAI guidance, the insurance brokers may have limited access to public markets. While recent reforms (such as perpetual registration) address some hurdles, the 25% investor cap under brokers regulations may create a tension with SEBI’s minimum public float requirement. The piece suggests that it may be helpful for IRDAI to consider a clear, conditions-based listing framework for brokers, drawing on existing models for insurers and the proposed pathway for TPAs.
Continue Reading Listing of Insurance Brokers in India: The Need for an Explicit Framework







