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An opportunity for better risk management and growth in India

mumbai-india

As the Indian property and casualty market continues to evolve, Dr Vankayalapati Padmavathi explores how the market is now looking to develop solutions to cater for those who are exposed to catastrophic risks, but are too poor to afford insurance.

After opening up in 2001, the non-life insurance market in India has developed into a competitive market, with 27 public and private firms, and statistics suggest that the sector has ample potential

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