Intermediary commissions take toll on insurance cos profit: Praxis study
· thehindubusinessline.com
India’s top insurers run combined ratios of 110–113%, spending more than they earn on every policy while their global D2C counterparts operate profitably at 84–89%
While India’s general insurance industry celebrates a decade of 11 per cent annual growth, an independent study by Praxis Global Alliance finds scale has not ...