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Indian FDI limit lift set to drive specialty insurance growth

Insurance Day

Indian FDI limit lift set to drive specialty insurance growth

These are interesting times for the commercial and specialty risk insurance market in India, where the Covid-induced economic slowdown is testing the financial resilience of local players, prompting government plans to inject capital into three state-owned insurers. In the private sector, solvency concerns are said to be driving merger and acquisition (M&A) activity among some companies, while others are planning public listings to raise capital.

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