Retail health and motor premiums won’t go up due to rise in global reinsurance rates as these are retained by insurers themselves, but fire and engineering might climb due to rise in reinsurance premiums, says Kishore Kumar Poludasu.
Unless insurance companies take action against errant hospitals, healthcare costs will remain elevated, potentially making health insurance unaffordable for many and affecting penetration, Bhargav Dasgupta tells Moneycontrol