A new chairman for the sectoral regulator, review of the existing regulations, consolidation of the players, focus on profitability, larger companies reaping the benefit of investments in technology, upward revision in the third party motor insurance policy are some of the 2022 forecasts by the senior officials of Indian general insurance industry.
The Mumbai Cyber Police have bust an inter-state gang allegedly selling fake online life insurance policies of various prominent companies and cheating people of huge amounts, an official said here on Tuesday.