With banks accounting for 32.5% of life individual new business premium and meaningful shares in group, general and health lines, the reforms could materially reshape India’s bancassurance distribution...
The proposed legislation targets credit hire and accident management companies, as the Council continues working with the Treasury to keep the final framework streamlined.
Amid growing interest from private equity and institutional investors, IFSCA is proposing a framework to allow SPVs to issue and manage catastrophe bonds.
Agarwal brings nearly 30 years of experience across life and general insurance, corporate, and retail lending. He previously led the transition of Kotak General Insurance into a joint venture with Zurich...