Insurance regulator IRDAI has warned which insurance company for noncompliance of „Expenses of Management‟ (EoM) norms? A) Sahara India Life Insurance B) Bajaj Allianz Life Insurance C) Aegon Life Insurance D) IDBI Federal Life Insurance E) Max Life Insurance

1 Answer

Answer :

A) Sahara India Life Insurance Explanation: Insurance regulator IRDAI has warned Sahara India Life Insurance Co for noncompliance of ‗Expenses of Management‘ (EoM) norms, and asked it to bring the expenditure levels within the limits by 2016-17-end.

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