India: Insurance sector set for transformation says newly retired IRDAI chairman

Credit: iStock/kishore kumar

The Indian insurance sector is on the cusp of a transformation, according to Dr Subhash Khuntia who retired from his position as chairman of India’s insurance regulator on 6 May, as first reported in Asia Insurance Review. In a message to the managing directors and CEOs life, non-life and health insurers, posted on the Insurance Regulatory and Development Authority website…

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