<div>At least six insurance companies have evinced interest in raising the stake of their foreign partners from present 26 per cent to 49 per cent, Insurance Regulatory and Development Authority(IRDAI) Chairman T S Vijayan said on Wednesday (07 October).</div><div> </div><div>These six to seven companies are from both life and non-life insurance space, he told reporters in response to questions at an event organised by ICICI Lombard General Insurance Company Ltd to announce that it had issued one lakh policies of the long term two-wheeler insurance.</div><div> </div><div>The insurance regulator declined to name the companies, saying they are yet to file a formal application on stake hike. "There are various stages of approval".</div><div> </div><div>The government raised the cap on FDI in insurance sector in March this year.</div><div> </div><div>Meanwhile, Vijayan hinted that IRDAI would soon take a call on the issue of long-term health insurance policies.</div><div> </div><div>He said a committee on health insurance is looking into the issue and expected to submit its report soon.</div><div> </div><div>"They have more or less finalised the report. We are evaluating the report actually," Vijayan said.<br><br>(PTI)</div>
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