International insurers expanding in India as FDI cap increase spurs investments: AM Best
Reinsurance News - Dec 27, 2023
India’s increase of the foreign direct investment (FDI) cap in the insurance sector from 49% to 74% in 2021 has spurred international insurance companies to make significant strides, injecting fresh capital and global best practices into the market to stimulate growth, according to a recent co...
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