Indian life insurance industry: Ready for consolidation?
Source: Asia Insurance Review | Jan 2013
It has been over two years since the IRDA issued guidelines restricting the design and pricing of unit-linked insurance plans (ULIPs). This was just the beginning of a series of regulatory changes. Milliman's Mr Sanket Kawatkar and Mr Richard Holloway take stock of the current state of the industry and explore if consolidation is needed in the near future.
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