Low insurance penetration, reforms to drive 'massive' growth in India's insurance sector: S&P

· economictimes.indiatimes.com

India's insurance sector anticipates significant long-term expansion driven by reforms and low penetration. Favorable regulations are attracting foreign investment and accelerating mergers and acquisitions. Both life and non-life segments show strong growth potential for insurers. However, macroeconomic challenges and inflation could dampen domestic demand.

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