Country Profile – India : Raising the bar
Source: Asia Insurance Review | Jan 2011
The Indian insurance industry is burgeoning with double-digit growth rates and the Regulator is keeping a close watch on the sector, introducing a slew of guidelines to raise the standard of practices. While some players may be less enthusiastic about the changes, there is no doubt these changes are meant to protect policyholders.
Our journalist, Jimmy John, talks to some of the insurers about the developments in the market. We also hear from industry experts and players, on the market’s potentials and prospects.
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