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The government’s recent announcement to introduce 100 percent foreign direct investment in the insurance sector has “empowered the regulators,” said LIC director Dinesh Pant. He further noted that India’s focus on its insurance sector through key announcements in Budget 2026, along with recent policy changes such as a reduction in VAT and the Insurance Amendment […]
Despite a 6% decline in premium collections in the first half, the Indian insurance sector is gearing up for robust growth following the government’s GST exemption on life and healthcare policies. | Photo credit: iStockphoto Despite the sharp decline in premium collections in the first half of this fiscal, the insurance sector is poised for […]
