India Insurance Sector News - Latest Updates & Headlines
Life insurance sector to get booster shot with FDI limit at 100 per cent
New Delhi, Feb 19: While the high capital intensity of the life insurance sector necessitates substantial investments to sustain growth, the increase in FDI limits will provide the much-needed capital boost to the sector, enabling insurers to expand their mortality coverage and increase penetration, according to a report released by rating agency ICRA on Wednesday.
India's life insurance industry at an inflexion point, poised to grow strong: Centrum report
New Delhi, January 7: The life insurance sector in India is at an "inflexion point" and is poised to grow due to a variety of good reasons. Financial services company Centrum Broking in a report asserted that it remains constructive on the life insurance industry owing to favourable macro factors.