DHFL insurance subsidiaries have adequate solvency: IRDAI Chairman Subhash C Khuntia

DHFL insurance subsidiaries have adequate solvency: IRDAI Chairman Subhash C Khuntia

The insurance subsidiaries of Dewan Housing Finance (DHFL) do not have any liquidity concerns, said Subhash C Khuntia, Chairman of Insurance Regulatory and Development Authority of India (IRDAI). While the parent company DHFL is facing a debt crisis, Khuntia said that the insurance subsidiaries (DHFL Pramerica Life and DHFL General Insurance) have adequate solvency.

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