Global insurers look to tap India opportunity as 100% FDI lures

· livemint.com

India's insurance market is becoming a magnet for global insurers, with South Korea's Hanwha Group and South Africa's Discovery among those evaluating opportunities after India allowed 100% foreign ownership. This is set to spur acquisitions and deepen competition across the under-penetrated sector.

Mansi Verma

Mansi Verma is a senior correspondent covering private capital in India for Mint. Think of strategy shifts, private equity and venture capital deal...


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