Mint Quick Edit | Can fully foreign-owned insurers help India achieve universal coverage by 2047?
In other words, we can’t really expect opening this market further to show dramatic results. New investments will help, no doubt, but market expansion will need to be driven by insurers with wide brand recognition. And for insurance to become a major funder of long-gestation projects, India’s vision of coverage for all by 2047 must materialize.
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