Insurance sector remains constrained by a high-cost distribution model inflating  protection cost:Economic Survey

Insurance sector remains constrained by a high-cost distribution model inflating protection cost:Economic Survey

Nirmala Sitharaman Union Minister for Finance and Corporate Affairs The insurance sector stands at a pivotal juncture, as it remains constrained by a ‘low-penetration, high-cost’ equilibrium driven by a high-cost distribution model that has inflated the cost of...