India Bars Niva Bupa From Opening New Branches for Six Months

India’s insurance regulator has barred Niva Bupa Health Insurance from opening new places of business for six months after the insurer breached prescribed limits on management expenses during the 2024-25 financial year. The expenses include operating costs and commissions paid to agents and distributors. Niva Bupa, backed by UK-based healthcare group Bupa, said it complied […]