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IANSLive

Chennai, April 15 (IANS) Insurance is basically a business based on uncertainty of events. Curiously, the general insurance industry officials while hoping for a growth, are uncertain about the prospects for FY22, as they are faced with negative consumer sentiment; the reduction in cash flow due to withdrawal of long-term motor policy; lower investment yield and muted growth owing to economy affected by Covid-19 pandemic.

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Update: 15-April-2021