News Life and Health11 May 2022

India:Life insurance sector anticipates pressure due to macroeconomic factors

11 May 2022

The life insurance business in India will face some pressure in the current fiscal year ending 31 March 2023 (FY23), owing to a combination of factors like a reversing interest-rate cycle, volatility in the stock markets, high inflation and the return of postponed discretionary consumption hitting middle-class savings, says financial advisory firm Emkay Global Financial Services.

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