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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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