Govt, regulator in talks to ease norms for new insurers to diversify industry

The move will help widen the reach of the insurance industry and pave the way for regional and mini insurers with limited product offerings, a government official said. At present a minimum investment of ₹100 crore is required to set up an insurance firm.

from Banking/Finance-Industry-Economic Times https://ift.tt/bjMO8Wn