Edelweiss Tokio Life Insurance gets approval from IRDA

[Master]

Edelweiss Tokio Life Insurance Company, a joint venture between Edelweiss Capital and Tokio Marine, said it has received the initial R1 approval from the Insurance Regulatory & Development Authority (Irda). R1 is the first step of regulatory clearances required for carrying on the business as a life insurance company in India.

Source - financialexpress.com

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