Published on 2/02/2021 11:27:38 AM | Source: ICICI Lombard General Insurance Ltd
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Below are Views On Post Budget quote from Bhargav Dasgupta, CEO, ICICI Lombard General Insurance
The non-life insurance sector finally witnessed a long-standing demand being fulfilled in terms of increase in FDI limit to 74%. This should catalyse the long-term development and growth of the industry. At the same time, steps such as privatization, increased allocation to healthcare and infrastructure, voluntary scrapping of vehicles policy are positive for the sector. What remains to be seen is the timely implementation of these measures.
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