Insurance enters consolidation era
Source: Mint Sep 13, 2021
The country’s life insurance industry, with assets worth more than ₹51 trillion, has entered into its first era of consolidation about 22 years after its liberalization.
Promoters of private insurers are finding it increasingly tough to generate adequate income from their core businesses following the coronavirus outbreak last year. As such, their life insurance arms are not able to generate enough capital infusion, which is crucial to such a business.
Click here to read
Like what you are reading?
Login to get instant access to this article and many other such articles on business
development, success stories and industry updates.
Don't worry ... it's FREE!
Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at
newsdesk@cafemutual.com
Click to clap
Disclaimer:
Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips,
ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.