The Covid-19 outbreak has had a significant impact on the revenues of insurance companies. While health and term life insurance have shown resilence, continuing to demonstrate steady growth , new business in sectors like motor insurance has been significantly impacted as new car sales have dried up and those who have insurance policies to renew have gone slow on account of their cars remaining mostly parked in their garage.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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