As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.
The life insurance industry also saw a shift towards launch of guaranteed returns traditional policies due to higher government securities (G-sec) rates prevalent currently
Agencies So despite that, the industry has grown at this rate. So, given some of the reforms that we’re witnessing, the fact that the industry has matured a lot more and that India is doing so much better than the rest at this point, I think all of us should have good reasons to be
If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.