India regulator bars Niva Bupa from opening branches for six months
20/08/2026 11:08
India regulator bars Niva Bupa from opening branches for six months Aug 20 (Reuters) - India's Niva Bupa Health Insurance NIVA.NS said on Thursday it has received an order from the country's insurance regulator directing it not to open any new places of business for six months.
The Insurance Regulatory and Development Authority of India said the insurer had failed to comply with the expense of management limits for fiscal year 2024-25, the company said.
(Reporting by Kashish Tandon in Bengaluru; Editing by Mrigank Dhaniwala)
((Kashish.Tandon@thomsonreuters.com; 8800437922;))
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India regulator bars Niva Bupa from opening branches for six months
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