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    <title>Penetration of Insurance Policies; IRDA to Come-Out With a New Policy Giving Automatic Clearance to Standard Life Insurance Products and Relax Investment Guidelines to Encourage Flow of Funds into Infrastructure Sector</title>
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    <description>Regulatory amendments enable expedited approval of parametrised standard life products via Working Groups and relax Investment Regulations to broaden qualifying instruments, recognise government backed infrastructure debt funds, shorten bond tenure requirements, raise single company exposure limits for infrastructure, permit capped investments in infrastructure SPVs with parental guarantees, and exclude infrastructure allocations from industry exposure norms to facilitate insurer funding of infrastructure.</description>
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