When the probability of risk is high, insurers may not issue new policies as part of prudent underwriting norms. However, under the current situation, factoring in contingencies into premiums is a major challenge for insurance companies.
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.
'The agenda is 'insurance for all by 2047'' thenorthlines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenorthlines.com Daily Mail and Mail on Sunday newspapers.
SBI General Insurance Appoints Rakesh Kaul As Chief Business Officer businessworld.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessworld.in Daily Mail and Mail on Sunday newspapers.