Insurance is becoming a key force in Indian economy. Life insurance is evolving into a big challenger to banks and mutual funds in channelising financial savings. Satyan Jambunathan , CFO at ICICI Prudential Life Insurance, in a conversation with ET journalists talks about the opportunities & challenges in the sector. Edited excerpts
Is this insurance industry’s time under the sun? Is it on way to becoming as prominent as it is in the West for the investing community?