Insurance is one of the most effective ways to manage risks and secure assets; however, the insurance industry has been mainly susceptible to trust issues. Many people believe that insurers do not pay claims, but the data says otherwise; the industry has been paying claims and is bleeding. In India, for every Rs 100 collected as a premium by the general insurers, the outgo is Rs 118, demonstrating the substantial impact of insurance in benefiting millions of people.
Active mid, small-cap funds look smart in this market correction
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