Making insurance a development tool

Published in Mint on Feb 28 2015., Written by Kapil Mehta For insurance, the past few years have been gloomy. Between 2011 and 2014, life insurance funds reduced from Rs.2,10,100 crore to Rs.1,99,600 crore. Life funds as a proportion of household financial savings reduced from 20% to 17%. Penetration fell from 4.6% of gross domestic product […]

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