Aditya Birla Health Insurance Co. today said it has received 'certificate of registration' from regulator Irda, moving a step closer to commencing business. The company is a step down subsidiary of Aditya Birla Nuvo.
"Aditya Birla Health Insurance Co...has received Certificate of Registration - Form R3 dated July 11, 2016 issued by Insurance Regulatory and Development Authority of India for Health Insurance business," said BSE filing.
Edelweiss Financial Services has also informed BSE that Irda has accepted the registration application form IRDA /R1, for setting up a General Insurance Company in India, filed by Edelweiss General Insurance Company, a wholly owned subsidiary.
"This is the first step of regulatory clearances required for carrying on the business as general insurance company in India," said Edelweiss Financial Services.